Fifth Third Wealth Advisors LLC Acquires New Position in iShares Russell 2500 ETF (BATS:SMMD)

Fifth Third Wealth Advisors LLC purchased a new stake in iShares Russell 2500 ETF (BATS:SMMD) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 6,957 shares of the company’s stock, valued at approximately $471,000.

Several other hedge funds have also made changes to their positions in SMMD. OneDigital Investment Advisors LLC lifted its holdings in shares of iShares Russell 2500 ETF by 52.1% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 36,882 shares of the company’s stock worth $2,498,000 after acquiring an additional 12,638 shares during the last quarter. First Heartland Consultants Inc. purchased a new position in shares of iShares Russell 2500 ETF in the 3rd quarter valued at $201,000. Lindbrook Capital LLC purchased a new position in iShares Russell 2500 ETF during the 3rd quarter worth $227,000. CWA Asset Management Group LLC purchased a new position in iShares Russell 2500 ETF during the 3rd quarter worth $8,891,000. Finally, Benchmark Financial Wealth Advisors LLC grew its position in iShares Russell 2500 ETF by 9.0% during the 3rd quarter. Benchmark Financial Wealth Advisors LLC now owns 66,280 shares of the company’s stock worth $4,489,000 after purchasing an additional 5,497 shares during the last quarter.

iShares Russell 2500 ETF Stock Performance

Shares of iShares Russell 2500 ETF stock opened at $70.66 on Thursday. iShares Russell 2500 ETF has a 1 year low of $38.91 and a 1 year high of $45.72. The company has a market capitalization of $1.20 billion, a P/E ratio of 15.31 and a beta of 1.15. The company’s fifty day moving average is $68.31 and its two-hundred day moving average is $65.58.

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.