Advisory Resource Group Cuts Holdings in iShares Russell 2500 ETF (BATS:SMMD)

Advisory Resource Group decreased its stake in iShares Russell 2500 ETF (BATS:SMMD) by 1.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 35,921 shares of the company’s stock after selling 400 shares during the quarter. Advisory Resource Group owned approximately 0.21% of iShares Russell 2500 ETF worth $2,443,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Eagle Bay Advisors LLC acquired a new stake in shares of iShares Russell 2500 ETF in the fourth quarter valued at about $30,000. ORG Partners LLC boosted its position in iShares Russell 2500 ETF by 39.3% during the fourth quarter. ORG Partners LLC now owns 1,050 shares of the company’s stock worth $71,000 after acquiring an additional 296 shares during the last quarter. IHT Wealth Management LLC acquired a new position in iShares Russell 2500 ETF during the third quarter worth about $200,000. First Heartland Consultants Inc. acquired a new position in iShares Russell 2500 ETF during the third quarter worth about $201,000. Finally, Sfmg LLC acquired a new position in iShares Russell 2500 ETF during the third quarter worth about $211,000.

iShares Russell 2500 ETF Trading Up 2.4 %

SMMD opened at $69.91 on Friday. The firm has a market capitalization of $1.19 billion, a PE ratio of 15.31 and a beta of 1.15. iShares Russell 2500 ETF has a twelve month low of $38.91 and a twelve month high of $45.72. The firm’s 50-day moving average price is $70.07 and its 200 day moving average price is $68.38.

iShares Russell 2500 ETF Profile

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.