Evernest Financial Advisors LLC Increases Stock Position in iShares Russell 2500 ETF $SMMD

Evernest Financial Advisors LLC boosted its stake in iShares Russell 2500 ETF (BATS:SMMD) by 61.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 29,171 shares of the company’s stock after acquiring an additional 11,053 shares during the period. Evernest Financial Advisors LLC owned about 0.14% of iShares Russell 2500 ETF worth $2,375,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. CIBC Private Wealth Group LLC raised its holdings in shares of iShares Russell 2500 ETF by 14.7% in the third quarter. CIBC Private Wealth Group LLC now owns 1,090 shares of the company’s stock valued at $80,000 after buying an additional 140 shares during the last quarter. Equitable Holdings Inc. raised its holdings in shares of iShares Russell 2500 ETF by 5.1% in the third quarter. Equitable Holdings Inc. now owns 3,754 shares of the company’s stock valued at $277,000 after buying an additional 183 shares during the last quarter. Perigon Wealth Management LLC raised its holdings in shares of iShares Russell 2500 ETF by 3.0% in the fourth quarter. Perigon Wealth Management LLC now owns 7,483 shares of the company’s stock valued at $561,000 after buying an additional 218 shares during the last quarter. 1620 Investment Advisors Inc. raised its holdings in shares of iShares Russell 2500 ETF by 5.3% in the fourth quarter. 1620 Investment Advisors Inc. now owns 4,722 shares of the company’s stock valued at $354,000 after buying an additional 237 shares during the last quarter. Finally, Sfmg LLC raised its holdings in shares of iShares Russell 2500 ETF by 5.1% in the fourth quarter. Sfmg LLC now owns 4,862 shares of the company’s stock valued at $364,000 after buying an additional 238 shares during the last quarter.

iShares Russell 2500 ETF Stock Performance

Shares of BATS:SMMD opened at $89.79 on Friday. The company has a 50-day simple moving average of $84.96 and a 200-day simple moving average of $80.34. iShares Russell 2500 ETF has a one year low of $65.34 and a one year high of $90.33. The stock has a market capitalization of $1.93 billion, a price-to-earnings ratio of 19.95 and a beta of 1.09.

About iShares Russell 2500 ETF

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.