89,987 Shares in iShares Russell 2500 ETF $SMMD Purchased by Pacific Excel Wealth Advisors Inc.

Pacific Excel Wealth Advisors Inc. bought a new position in iShares Russell 2500 ETF (BATS:SMMD) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 89,987 shares of the company’s stock, valued at approximately $8,246,000. iShares Russell 2500 ETF makes up about 3.2% of Pacific Excel Wealth Advisors Inc.’s portfolio, making the stock its 4th largest holding. Pacific Excel Wealth Advisors Inc. owned about 0.42% of iShares Russell 2500 ETF as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the company. Glenmede Trust Co. NA boosted its stake in iShares Russell 2500 ETF by 12.1% in the 1st quarter. Glenmede Trust Co. NA now owns 4,413,593 shares of the company’s stock worth $336,978,000 after purchasing an additional 475,969 shares during the period. Fifth Third Bancorp grew its stake in iShares Russell 2500 ETF by 485.3% during the 1st quarter. Fifth Third Bancorp now owns 3,058,941 shares of the company’s stock valued at $233,550,000 after acquiring an additional 2,536,353 shares in the last quarter. CENTRAL TRUST Co grew its stake in iShares Russell 2500 ETF by 27.1% during the 1st quarter. CENTRAL TRUST Co now owns 949,678 shares of the company’s stock valued at $72,508,000 after acquiring an additional 202,293 shares in the last quarter. Bank of America Corp DE increased its holdings in shares of iShares Russell 2500 ETF by 12.2% in the 3rd quarter. Bank of America Corp DE now owns 916,251 shares of the company’s stock valued at $67,555,000 after purchasing an additional 99,752 shares during the period. Finally, Focus Partners Wealth increased its holdings in shares of iShares Russell 2500 ETF by 53.0% in the 4th quarter. Focus Partners Wealth now owns 757,995 shares of the company’s stock valued at $56,804,000 after purchasing an additional 262,684 shares during the period.

iShares Russell 2500 ETF Price Performance

BATS SMMD opened at $92.22 on Wednesday. The firm has a market capitalization of $1.98 billion, a price-to-earnings ratio of 19.95 and a beta of 1.09. The company has a 50 day simple moving average of $89.57 and a 200-day simple moving average of $83.97. iShares Russell 2500 ETF has a 52-week low of $68.49 and a 52-week high of $92.48.

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.