Diversify Advisory Services LLC Acquires New Stake in iShares Russell 2500 ETF (BATS:SMMD)

Diversify Advisory Services LLC acquired a new stake in iShares Russell 2500 ETF (BATS:SMMD) during the 1st quarter, according to its most recent disclosure with the SEC. The fund acquired 8,154 shares of the company’s stock, valued at approximately $529,000.

Several other institutional investors have also added to or reduced their stakes in the stock. Coldstream Capital Management Inc. increased its stake in iShares Russell 2500 ETF by 8.4% in the 4th 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. Fifth Third Bancorp increased its stake in iShares Russell 2500 ETF by 10.6% in the 1st quarter. Fifth Third Bancorp now owns 541,633 shares of the company’s stock valued at $35,537,000 after buying an additional 51,862 shares during the last quarter. Cresset Asset Management LLC increased its stake in iShares Russell 2500 ETF by 149.1% in the 4th quarter. Cresset Asset Management LLC now owns 509,552 shares of the company’s stock valued at $31,373,000 after buying an additional 305,015 shares during the last quarter. Wealthspire Advisors LLC increased its stake in iShares Russell 2500 ETF by 14.0% in the 4th quarter. Wealthspire Advisors LLC now owns 425,056 shares of the company’s stock valued at $26,171,000 after buying an additional 52,101 shares during the last quarter. Finally, Truist Financial Corp increased its stake in iShares Russell 2500 ETF by 40.2% in the 4th quarter. Truist Financial Corp now owns 344,208 shares of the company’s stock valued at $21,193,000 after buying an additional 98,731 shares during the last quarter.

iShares Russell 2500 ETF Price Performance

SMMD stock traded down $0.36 during midday trading on Friday, hitting $61.92. The company’s stock had a trading volume of 49,147 shares. iShares Russell 2500 ETF has a twelve month low of $38.91 and a twelve month high of $45.72. The company’s fifty day moving average price is $62.99 and its 200 day moving average price is $62.35. The stock has a market capitalization of $1.05 billion, a P/E ratio of 15.31 and a beta of 1.15.

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.