Andina Capital Management LLC Acquires 8,892 Shares of iShares Russell 2500 ETF (BATS:SMMD)

Andina Capital Management LLC raised its holdings in shares of iShares Russell 2500 ETF (BATS:SMMD) by 54.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 25,275 shares of the company’s stock after purchasing an additional 8,892 shares during the quarter. iShares Russell 2500 ETF accounts for approximately 1.4% of Andina Capital Management LLC’s portfolio, making the stock its 20th largest position. Andina Capital Management LLC’s holdings in iShares Russell 2500 ETF were worth $1,719,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Eagle Bay Advisors LLC purchased a new position in shares of iShares Russell 2500 ETF in the 4th quarter worth about $30,000. ORG Partners LLC boosted its holdings in shares of iShares Russell 2500 ETF by 39.3% in the 4th quarter. ORG Partners LLC now owns 1,050 shares of the company’s stock worth $71,000 after buying an additional 296 shares during the last quarter. First Heartland Consultants Inc. purchased a new position in shares of iShares Russell 2500 ETF in the 3rd quarter worth about $201,000. IHT Wealth Management LLC purchased a new position in shares of iShares Russell 2500 ETF in the 3rd quarter worth about $200,000. Finally, Sfmg LLC purchased a new position in shares of iShares Russell 2500 ETF in the 3rd quarter worth about $211,000.

iShares Russell 2500 ETF Stock Performance

Shares of BATS:SMMD opened at $70.97 on Friday. The company’s 50-day moving average is $70.51 and its 200 day moving average is $68.06. The company has a market capitalization of $1.21 billion, a P/E ratio of 15.31 and a beta of 1.15. iShares Russell 2500 ETF has a fifty-two week low of $38.91 and a fifty-two week 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.