Ulland Investment Advisors LLC Sells 1,655 Shares of iShares Russell 2500 ETF $SMMD

Ulland Investment Advisors LLC reduced its position in shares of iShares Russell 2500 ETF (BATS:SMMD) by 8.2% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 18,505 shares of the company’s stock after selling 1,655 shares during the quarter. iShares Russell 2500 ETF accounts for about 1.0% of Ulland Investment Advisors LLC’s investment portfolio, making the stock its 24th biggest holding. Ulland Investment Advisors LLC owned 0.09% of iShares Russell 2500 ETF worth $1,254,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Janney Montgomery Scott LLC increased its stake in iShares Russell 2500 ETF by 2.0% during the 1st quarter. Janney Montgomery Scott LLC now owns 55,264 shares of the company’s stock valued at $3,456,000 after purchasing an additional 1,063 shares in the last quarter. CWA Asset Management Group LLC increased its stake in iShares Russell 2500 ETF by 3.5% during the 1st quarter. CWA Asset Management Group LLC now owns 142,924 shares of the company’s stock valued at $8,938,000 after purchasing an additional 4,829 shares in the last quarter. Cetera Investment Advisers increased its stake in iShares Russell 2500 ETF by 17.3% during the 1st quarter. Cetera Investment Advisers now owns 20,120 shares of the company’s stock valued at $1,258,000 after purchasing an additional 2,965 shares in the last quarter. Raymond James Financial Inc. increased its stake in iShares Russell 2500 ETF by 11.0% during the 1st quarter. Raymond James Financial Inc. now owns 183,982 shares of the company’s stock valued at $11,506,000 after purchasing an additional 18,275 shares in the last quarter. Finally, Simplicity Wealth LLC increased its stake in iShares Russell 2500 ETF by 21.9% during the 2nd quarter. Simplicity Wealth LLC now owns 171,088 shares of the company’s stock valued at $11,596,000 after purchasing an additional 30,733 shares in the last quarter.

iShares Russell 2500 ETF Stock Performance

BATS:SMMD opened at $74.20 on Friday. The firm has a market cap of $1.59 billion, a P/E ratio of 19.95 and a beta of 1.09. iShares Russell 2500 ETF has a fifty-two week low of $53.81 and a fifty-two week high of $74.66. The firm has a 50-day simple moving average of $72.43 and a two-hundred day simple moving average of $67.37.

About iShares Russell 2500 ETF

The iShares Russell 2500 ETF (SMMD) is an exchange-traded fund that is based on the Russell 2500 index, a market-cap-weighted index of US companies ranked 501-3,000 by market cap. SMMD was launched on Jul 6, 2017 and is managed by BlackRock.