Greenwood Capital Associates LLC Makes New Investment in iShares Russell 2500 ETF $SMMD

Greenwood Capital Associates LLC bought a new position in iShares Russell 2500 ETF (BATS:SMMD) in the second quarter, according to the company in its most recent disclosure with the SEC. The fund bought 2,977 shares of the company’s stock, valued at approximately $202,000.

Other large investors have also added to or reduced their stakes in the company. Janney Montgomery Scott LLC grew its position in iShares Russell 2500 ETF by 2.0% in the 1st quarter. Janney Montgomery Scott LLC now owns 55,264 shares of the company’s stock worth $3,456,000 after purchasing an additional 1,063 shares during the period. CWA Asset Management Group LLC grew its position in iShares Russell 2500 ETF by 3.5% in the 1st quarter. CWA Asset Management Group LLC now owns 142,924 shares of the company’s stock worth $8,938,000 after purchasing an additional 4,829 shares during the period. Cetera Investment Advisers grew its position in iShares Russell 2500 ETF by 17.3% in the 1st quarter. Cetera Investment Advisers now owns 20,120 shares of the company’s stock worth $1,258,000 after purchasing an additional 2,965 shares during the period. Raymond James Financial Inc. grew its position in iShares Russell 2500 ETF by 11.0% in the 1st quarter. Raymond James Financial Inc. now owns 183,982 shares of the company’s stock worth $11,506,000 after purchasing an additional 18,275 shares during the period. Finally, Retirement Planning Group LLC bought a new stake in iShares Russell 2500 ETF in the 1st quarter worth approximately $850,000.

iShares Russell 2500 ETF Trading Up 9.3%

BATS:SMMD opened at $74.63 on Friday. iShares Russell 2500 ETF has a 12 month low of $53.81 and a 12 month high of $74.66. The company has a market cap of $1.60 billion, a PE ratio of 19.95 and a beta of 1.09. The company has a 50 day simple moving average of $72.05 and a two-hundred day simple moving average of $67.06.

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.