EverSource Wealth Advisors LLC Takes Position in iShares Russell 2500 ETF (BATS:SMMD)

EverSource Wealth Advisors LLC acquired a new stake in iShares Russell 2500 ETF (BATS:SMMD) during the first quarter, HoldingsChannel.com reports. The fund acquired 1,710 shares of the company’s stock, valued at approximately $105,000.

A number of other institutional investors also recently modified their holdings of the company. Cresset Asset Management LLC grew its holdings in iShares Russell 2500 ETF by 149.1% in the fourth quarter. Cresset Asset Management LLC now owns 509,552 shares of the company’s stock worth $31,373,000 after purchasing an additional 305,015 shares during the period. Heritage Wealth Management LLC acquired a new stake in iShares Russell 2500 ETF in the fourth quarter worth $12,576,000. International Assets Investment Management LLC acquired a new stake in iShares Russell 2500 ETF in the fourth quarter worth $10,254,000. Orion Portfolio Solutions LLC grew its holdings in iShares Russell 2500 ETF by 72.7% in the fourth quarter. Orion Portfolio Solutions LLC now owns 285,764 shares of the company’s stock worth $17,300,000 after purchasing an additional 120,330 shares during the period. Finally, Coldstream Capital Management Inc. grew its holdings in shares of iShares Russell 2500 ETF by 8.4% during the fourth quarter. Coldstream Capital Management Inc. now owns 1,554,735 shares of the company’s stock valued at $95,725,000 after buying an additional 120,123 shares during the last quarter.

iShares Russell 2500 ETF Price Performance

Shares of BATS SMMD traded down $1.94 during mid-day trading on Tuesday, reaching $61.71. 80,201 shares of the company’s stock traded hands. The stock has a market cap of $1.05 billion, a P/E ratio of 15.31 and a beta of 1.15. The business has a 50-day simple moving average of $63.67 and a 200 day simple moving average of $63.05. iShares Russell 2500 ETF has a 1-year low of $38.91 and a 1-year high of $45.72.

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.