James J. Burns & Company LLC Has $4.86 Million Position in iShares Russell 2500 ETF (BATS:SMMD)

James J. Burns & Company LLC trimmed its position in iShares Russell 2500 ETF (BATS:SMMD) by 0.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 71,434 shares of the company’s stock after selling 313 shares during the quarter. iShares Russell 2500 ETF accounts for 0.8% of James J. Burns & Company LLC’s holdings, making the stock its 23rd biggest holding. James J. Burns & Company LLC owned 0.42% of iShares Russell 2500 ETF worth $4,858,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Eagle Bay Advisors LLC bought a new stake in shares of iShares Russell 2500 ETF in the fourth quarter valued at approximately $30,000. ORG Partners LLC grew its holdings in shares of iShares Russell 2500 ETF by 39.3% during the 4th quarter. ORG Partners LLC now owns 1,050 shares of the company’s stock worth $71,000 after purchasing an additional 296 shares in the last quarter. First Heartland Consultants Inc. bought a new position in shares of iShares Russell 2500 ETF in the third quarter worth $201,000. IHT Wealth Management LLC acquired a new position in iShares Russell 2500 ETF in the third quarter valued at about $200,000. Finally, Sfmg LLC bought a new stake in iShares Russell 2500 ETF during the third quarter worth about $211,000.

iShares Russell 2500 ETF Stock Up 1.8 %

Shares of iShares Russell 2500 ETF stock opened at $69.51 on Tuesday. The firm’s 50-day moving average price is $70.43 and its two-hundred day moving average price is $68.26. The company has a market capitalization of $1.18 billion, a price-to-earnings ratio of 15.31 and a beta of 1.15. iShares Russell 2500 ETF has a 12-month low of $38.91 and a 12-month high of $45.72.

iShares Russell 2500 ETF Company 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.