Wealthcare Advisory Partners LLC Has $23.58 Million Holdings in iShares Russell 2500 ETF $SMMD

Wealthcare Advisory Partners LLC cut its stake in iShares Russell 2500 ETF (BATS:SMMD) by 5.3% in the second quarter, Holdings Channel.com reports. The firm owned 257,371 shares of the company’s stock after selling 14,390 shares during the period. Wealthcare Advisory Partners LLC’s holdings in iShares Russell 2500 ETF were worth $23,583,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently bought and sold shares of SMMD. Angeles Wealth Management LLC increased its holdings in shares of iShares Russell 2500 ETF by 150.3% during the 1st quarter. Angeles Wealth Management LLC now owns 358 shares of the company’s stock worth $27,000 after purchasing an additional 215 shares during the period. Global Retirement Partners LLC lifted its stake in shares of iShares Russell 2500 ETF by 423.3% in the fourth quarter. Global Retirement Partners LLC now owns 382 shares of the company’s stock valued at $29,000 after buying an additional 309 shares during the period. Larson Financial Group LLC bought a new stake in shares of iShares Russell 2500 ETF in the fourth quarter valued at about $30,000. PNC Financial Services Group Inc. grew its position in iShares Russell 2500 ETF by 5,020.0% during the fourth quarter. PNC Financial Services Group Inc. now owns 512 shares of the company’s stock worth $38,000 after buying an additional 502 shares in the last quarter. Finally, SHP Wealth Management acquired a new stake in iShares Russell 2500 ETF during the fourth quarter worth about $50,000.

iShares Russell 2500 ETF Stock Down 0.5%

Shares of SMMD opened at $92.11 on Tuesday. iShares Russell 2500 ETF has a 12-month low of $68.71 and a 12-month high of $92.72. 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 stock’s 50-day moving average price is $89.85 and its 200 day moving average price is $84.30.

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.