SigFig Wealth Management LLC Acquires New Shares in iShares Russell 2500 ETF $SMMD

SigFig Wealth Management LLC bought a new stake in iShares Russell 2500 ETF (BATS:SMMD) in the 3rd quarter, Holdings Channel reports. The firm bought 199,162 shares of the company’s stock, valued at approximately $17,032,000. iShares Russell 2500 ETF makes up approximately 0.4% of SigFig Wealth Management LLC’s portfolio, making the stock its 22nd largest holding.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Little House Capital LLC raised its holdings in shares of iShares Russell 2500 ETF by 2.4% in the 1st quarter. Little House Capital LLC now owns 6,251 shares of the company’s stock valued at $477,000 after purchasing an additional 145 shares during the period. Angeles Wealth Management LLC increased its position in iShares Russell 2500 ETF by 150.3% during the first quarter. Angeles Wealth Management LLC now owns 358 shares of the company’s stock worth $27,000 after buying an additional 215 shares during the last quarter. Sanctuary Advisors LLC raised its stake in iShares Russell 2500 ETF by 2.8% in the first quarter. Sanctuary Advisors LLC now owns 7,962 shares of the company’s stock valued at $608,000 after buying an additional 216 shares during the period. Bessemer Group Inc. raised its stake in iShares Russell 2500 ETF by 4.4% in the first quarter. Bessemer Group Inc. now owns 6,002 shares of the company’s stock valued at $458,000 after buying an additional 253 shares during the period. Finally, Cornerstone Financial Group LLC NE lifted its position in shares of iShares Russell 2500 ETF by 1.7% in the fourth quarter. Cornerstone Financial Group LLC NE now owns 17,823 shares of the company’s stock valued at $1,336,000 after buying an additional 302 shares during the last quarter.

iShares Russell 2500 ETF Stock Down 1.3%

Shares of BATS SMMD traded down $1.13 during midday trading on Wednesday, hitting $85.99. 127,933 shares of the company’s stock were exchanged, compared to its average volume of 322,070. The company’s 50 day moving average price is $89.60 and its 200 day moving average price is $87.11. iShares Russell 2500 ETF has a 12 month low of $69.94 and a 12 month high of $93.42. The firm has a market capitalization of $1.84 billion, a PE ratio of 19.95 and a beta of 1.09.

iShares Russell 2500 ETF Company 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.