Red Mountain Financial LLC boosted its holdings in iShares Russell 2500 ETF (BATS:SMMD – Free Report) by 5.3% during the 2nd quarter, Holdings Channel.com reports. The fund owned 4,449 shares of the company’s stock after purchasing an additional 223 shares during the quarter. Red Mountain Financial LLC’s holdings in iShares Russell 2500 ETF were worth $279,000 as of its most recent SEC filing.
Other hedge funds have also recently modified their holdings of the company. Spire Wealth Management lifted its position in shares of iShares Russell 2500 ETF by 213.8% during the 1st quarter. Spire Wealth Management now owns 477 shares of the company’s stock worth $30,000 after buying an additional 325 shares in the last quarter. Farther Finance Advisors LLC bought a new position in shares of iShares Russell 2500 ETF during the 1st quarter worth approximately $52,000. Allspring Global Investments Holdings LLC bought a new position in shares of iShares Russell 2500 ETF during the 1st quarter worth approximately $62,000. AlphaCore Capital LLC bought a new position in shares of iShares Russell 2500 ETF during the 1st quarter worth approximately $73,000. Finally, Comerica Bank lifted its position in shares of iShares Russell 2500 ETF by 12.1% during the 1st quarter. Comerica Bank now owns 1,703 shares of the company’s stock worth $107,000 after buying an additional 184 shares in the last quarter.
iShares Russell 2500 ETF Stock Up 8.8%
iShares Russell 2500 ETF stock opened at $74.29 on Friday. iShares Russell 2500 ETF has a 52 week low of $53.81 and a 52 week high of $74.66. The company’s 50 day moving average price is $71.97 and its two-hundred day moving average price is $67.00. The stock 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 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.
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Want to see what other hedge funds are holding SMMD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Russell 2500 ETF (BATS:SMMD – Free Report).
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