iShares Russell 2500 ETF (BATS:SMMD) Shares Sold by Raymond James & Associates

Raymond James & Associates reduced its position in iShares Russell 2500 ETF (BATS:SMMD) by 20.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 14,618 shares of the company’s stock after selling 3,790 shares during the quarter. Raymond James & Associates owned about 0.11% of iShares Russell 2500 ETF worth $900,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the company. Citigroup Inc. lifted its holdings in shares of iShares Russell 2500 ETF by 11,262.5% during the third quarter. Citigroup Inc. now owns 909 shares of the company’s stock worth $50,000 after purchasing an additional 901 shares during the period. Tompkins Financial Corp acquired a new stake in shares of iShares Russell 2500 ETF during the fourth quarter worth $151,000. One Capital Management LLC acquired a new stake in shares of iShares Russell 2500 ETF during the third quarter worth $207,000. Cambridge Investment Research Advisors Inc. acquired a new stake in shares of iShares Russell 2500 ETF during the third quarter worth $213,000. Finally, Certuity LLC acquired a new stake in shares of iShares Russell 2500 ETF during the third quarter worth $230,000.

iShares Russell 2500 ETF Price Performance

Shares of BATS SMMD opened at $61.08 on Tuesday. The stock has a fifty day moving average price of $63.09 and a 200 day moving average price of $59.30. iShares Russell 2500 ETF has a 1-year low of $38.91 and a 1-year high of $45.72. The company has a market cap of $1.01 billion, a PE ratio of 14.72 and a beta of 1.16.

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.