Simplicity Wealth LLC Purchases 3,884 Shares of iShares Russell 2500 ETF (BATS:SMMD)

Simplicity Wealth LLC increased its position in shares of iShares Russell 2500 ETF (BATS:SMMD) by 3.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 118,675 shares of the company’s stock after buying an additional 3,884 shares during the quarter. iShares Russell 2500 ETF comprises about 1.7% of Simplicity Wealth LLC’s portfolio, making the stock its 9th biggest position. Simplicity Wealth LLC owned approximately 0.70% of iShares Russell 2500 ETF worth $8,070,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. Fort Washington Investment Advisors Inc. OH raised its stake in shares of iShares Russell 2500 ETF by 45.7% in the fourth quarter. Fort Washington Investment Advisors Inc. OH now owns 1,363,980 shares of the company’s stock worth $92,751,000 after purchasing an additional 427,780 shares during the last quarter. Kestra Investment Management LLC raised its stake in shares of iShares Russell 2500 ETF by 66.5% in the fourth quarter. Kestra Investment Management LLC now owns 549,769 shares of the company’s stock worth $37,384,000 after purchasing an additional 219,514 shares during the last quarter. FMR LLC raised its stake in shares of iShares Russell 2500 ETF by 41.5% in the third quarter. FMR LLC now owns 717,116 shares of the company’s stock worth $48,570,000 after purchasing an additional 210,399 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in shares of iShares Russell 2500 ETF in the fourth quarter worth approximately $11,268,000. Finally, Kendall Capital Management raised its stake in shares of iShares Russell 2500 ETF by 64.9% in the fourth quarter. Kendall Capital Management now owns 292,799 shares of the company’s stock worth $19,910,000 after purchasing an additional 115,244 shares during the last quarter.

iShares Russell 2500 ETF Stock Down 5.7 %

SMMD stock opened at $64.41 on Monday. The firm has a market cap of $1.32 billion, a PE ratio of 18.41 and a beta of 1.17. The business has a 50 day moving average of $68.78 and a 200-day moving average of $68.87. 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.