UBS Group AG Sells 244,914 Shares of iShares Russell 2500 ETF (BATS:SMMD)

UBS Group AG cut its holdings in iShares Russell 2500 ETF (BATS:SMMD – Get Rating) by 64.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 135,211 shares of the company’s stock after selling 244,914 shares during the period. UBS Group AG’s holdings in iShares Russell 2500 ETF were worth $7,185,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in SMMD. Global Retirement Partners LLC bought a new position in shares of iShares Russell 2500 ETF in the third quarter worth about $28,000. Rockefeller Capital Management L.P. bought a new position in iShares Russell 2500 ETF during the third quarter valued at about $47,000. Blair William & Co. IL increased its stake in iShares Russell 2500 ETF by 348.3% during the first quarter. Blair William & Co. IL now owns 1,950 shares of the company’s stock valued at $122,000 after acquiring an additional 1,515 shares during the period. Lindbrook Capital LLC bought a new position in iShares Russell 2500 ETF during the fourth quarter valued at about $178,000. Finally, DT Investment Partners LLC increased its stake in iShares Russell 2500 ETF by 8.7% during the fourth quarter. DT Investment Partners LLC now owns 3,502 shares of the company’s stock valued at $186,000 after acquiring an additional 280 shares during the period.

iShares Russell 2500 ETF Stock Down 1.1 %

Shares of SMMD opened at $53.47 on Thursday. iShares Russell 2500 ETF has a 12-month low of $38.91 and a 12-month high of $45.72. The firm has a market capitalization of $671.05 million, a price-to-earnings ratio of 12.68 and a beta of 1.14. The stock’s 50-day moving average price is $53.70 and its 200 day moving average price is $55.12.

iShares Russell 2500 ETF Company Profile

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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.