HighTower Advisors LLC Has $7.26 Million Stock Holdings in iShares Russell 2500 ETF $SMMD

HighTower Advisors LLC lowered its position in shares of iShares Russell 2500 ETF (BATS:SMMD) by 13.2% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 98,396 shares of the company’s stock after selling 15,007 shares during the quarter. HighTower Advisors LLC owned about 0.46% of iShares Russell 2500 ETF worth $7,255,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Royal Bank of Canada increased its position in iShares Russell 2500 ETF by 12.0% during the first quarter. Royal Bank of Canada now owns 58,273 shares of the company’s stock worth $3,644,000 after acquiring an additional 6,223 shares during the period. Jane Street Group LLC increased its holdings in shares of iShares Russell 2500 ETF by 1,288.2% during the first quarter. Jane Street Group LLC now owns 77,005 shares of the company’s stock worth $4,816,000 after purchasing an additional 71,458 shares during the period. Allspring Global Investments Holdings LLC raised its position in shares of iShares Russell 2500 ETF by 27.8% in the second quarter. Allspring Global Investments Holdings LLC now owns 1,269 shares of the company’s stock valued at $87,000 after buying an additional 276 shares in the last quarter. D.A. Davidson & CO. raised its position in shares of iShares Russell 2500 ETF by 9.7% in the second quarter. D.A. Davidson & CO. now owns 4,560 shares of the company’s stock valued at $309,000 after buying an additional 405 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its stake in shares of iShares Russell 2500 ETF by 1.9% in the second quarter. Envestnet Asset Management Inc. now owns 256,516 shares of the company’s stock valued at $17,387,000 after buying an additional 4,723 shares during the period.

iShares Russell 2500 ETF Price Performance

Shares of BATS:SMMD opened at $81.28 on Monday. The business’s 50 day simple moving average is $78.68 and its 200 day simple moving average is $75.27. iShares Russell 2500 ETF has a 1 year low of $53.81 and a 1 year high of $82.05. The company has a market capitalization of $1.74 billion, a P/E ratio of 19.95 and a beta of 1.09.

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.