Cerity Partners LLC Decreases Stock Holdings in iShares Russell 2500 ETF (BATS:SMMD)

Cerity Partners LLC trimmed its position in shares of iShares Russell 2500 ETF (BATS:SMMD) by 2.7% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,769 shares of the company’s stock after selling 213 shares during the period. Cerity Partners LLC’s holdings in iShares Russell 2500 ETF were worth $486,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also modified their holdings of the company. Spire Wealth Management raised its holdings in shares of iShares Russell 2500 ETF by 213.8% during the 1st quarter. Spire Wealth Management now owns 477 shares of the company’s stock worth $30,000 after acquiring an additional 325 shares in the last quarter. National Bank of Canada FI purchased a new stake in shares of iShares Russell 2500 ETF during the 4th quarter worth approximately $32,000. Farther Finance Advisors LLC purchased a new stake in shares of iShares Russell 2500 ETF during the 1st quarter worth approximately $52,000. Allspring Global Investments Holdings LLC purchased a new stake in shares of iShares Russell 2500 ETF during the 1st quarter worth approximately $62,000. Finally, TD Private Client Wealth LLC raised its holdings in shares of iShares Russell 2500 ETF by 6.2% during the 1st quarter. TD Private Client Wealth LLC now owns 2,852 shares of the company’s stock worth $178,000 after acquiring an additional 167 shares in the last quarter.

iShares Russell 2500 ETF Price Performance

Shares of SMMD opened at $70.52 on Friday. iShares Russell 2500 ETF has a 1 year low of $53.81 and a 1 year high of $74.66. The stock has a market capitalization of $1.51 billion, a price-to-earnings ratio of 19.95 and a beta of 1.09. The business’s 50 day simple moving average is $67.34 and its 200-day simple moving average is $65.75.

About iShares Russell 2500 ETF

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.