iShares Russell 2500 ETF (BATS:SMMD) Shares Sold by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. trimmed its position in shares of iShares Russell 2500 ETF (BATS:SMMD) by 24.9% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 369,738 shares of the company’s stock after selling 122,623 shares during the period. Envestnet Asset Management Inc. owned approximately 2.95% of iShares Russell 2500 ETF worth $20,269,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the company. Patriot Investment Management Group Inc. acquired a new stake in shares of iShares Russell 2500 ETF in the fourth quarter valued at $28,000. Money Concepts Capital Corp lifted its holdings in shares of iShares Russell 2500 ETF by 160.2% during the fourth quarter. Money Concepts Capital Corp now owns 614 shares of the company’s stock worth $33,000 after purchasing an additional 378 shares during the period. Blair William & Co. IL lifted its stake in shares of iShares Russell 2500 ETF by 348.3% in the 1st quarter. Blair William & Co. IL now owns 1,950 shares of the company’s stock worth $122,000 after acquiring an additional 1,515 shares during the period. DT Investment Partners LLC lifted its position in iShares Russell 2500 ETF by 7.7% in the first quarter. DT Investment Partners LLC now owns 3,773 shares of the company’s stock valued at $204,000 after purchasing an additional 271 shares during the period. Finally, Principal Financial Group Inc. purchased a new stake in shares of iShares Russell 2500 ETF in the first quarter valued at approximately $207,000.

iShares Russell 2500 ETF Trading Up 0.9 %

Shares of SMMD opened at $58.57 on Friday. iShares Russell 2500 ETF has a twelve month low of $38.91 and a twelve month high of $45.72. The firm has a market capitalization of $799.41 million, a P/E ratio of 12.68 and a beta of 1.14. The firm’s 50-day moving average is $58.15 and its two-hundred day moving average is $56.00.

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.