Simplicity Wealth LLC Purchases 30,733 Shares of iShares Russell 2500 ETF $SMMD

Simplicity Wealth LLC lifted its position in shares of iShares Russell 2500 ETF (BATS:SMMD) by 21.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 171,088 shares of the company’s stock after purchasing an additional 30,733 shares during the quarter. Simplicity Wealth LLC’s holdings in iShares Russell 2500 ETF were worth $11,596,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Vestmark Advisory Solutions Inc. bought a new position in iShares Russell 2500 ETF during the first quarter worth about $22,190,000. Harbor Capital Advisors Inc. acquired a new stake in shares of iShares Russell 2500 ETF during the first quarter worth about $12,695,000. Focus Partners Wealth lifted its holdings in shares of iShares Russell 2500 ETF by 81.5% during the 1st quarter. Focus Partners Wealth now owns 404,581 shares of the company’s stock valued at $25,303,000 after purchasing an additional 181,728 shares in the last quarter. Fort Washington Investment Advisors Inc. OH grew its position in shares of iShares Russell 2500 ETF by 10.3% in the 1st quarter. Fort Washington Investment Advisors Inc. OH now owns 1,504,650 shares of the company’s stock valued at $94,101,000 after purchasing an additional 140,670 shares during the period. Finally, Wealthcare Advisory Partners LLC increased its stake in iShares Russell 2500 ETF by 181.8% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 180,047 shares of the company’s stock worth $12,204,000 after purchasing an additional 116,155 shares in the last quarter.

iShares Russell 2500 ETF Stock Performance

Shares of SMMD stock opened at $74.63 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 $72.05 and its two-hundred day moving average price is $67.08. The company has a market capitalization of $1.60 billion, a P/E ratio of 19.95 and a beta of 1.09.

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.