Diversify Wealth Management LLC Decreases Stake in iShares Russell 2500 ETF $SMMD

Diversify Wealth Management LLC decreased its position in iShares Russell 2500 ETF (BATS:SMMD) by 58.4% during the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 6,193 shares of the company’s stock after selling 8,687 shares during the quarter. Diversify Wealth Management LLC’s holdings in iShares Russell 2500 ETF were worth $514,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Fifth Third Bancorp raised 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 purchasing an additional 2,536,353 shares during the period. Blair William & Co. IL grew its holdings in shares of iShares Russell 2500 ETF by 156.7% in the fourth quarter. Blair William & Co. IL now owns 479,957 shares of the company’s stock valued at $35,968,000 after purchasing an additional 292,966 shares in the last quarter. Focus Partners Wealth grew its holdings in shares of iShares Russell 2500 ETF by 53.0% in the fourth 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 in the last quarter. CENTRAL TRUST Co increased its position in iShares Russell 2500 ETF by 27.1% in the first quarter. CENTRAL TRUST Co now owns 949,678 shares of the company’s stock worth $72,508,000 after purchasing an additional 202,293 shares during the last quarter. Finally, Bridges Investment Management Inc. bought a new stake in iShares Russell 2500 ETF in the fourth quarter worth $13,803,000.

iShares Russell 2500 ETF Stock Down 0.6%

iShares Russell 2500 ETF stock opened at $89.66 on Friday. iShares Russell 2500 ETF has a 52-week low of $66.96 and a 52-week high of $92.07. The firm’s fifty day moving average is $88.71 and its 200 day moving average is $82.89. The company has a market cap of $1.92 billion, a price-to-earnings 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.