Boyum Wealth Architects LLC Buys 14,709 Shares of iShares Russell 2500 ETF $SMMD

Boyum Wealth Architects LLC bought a new position in iShares Russell 2500 ETF (BATS:SMMD) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 14,709 shares of the company’s stock, valued at approximately $1,274,000. iShares Russell 2500 ETF makes up approximately 0.5% of Boyum Wealth Architects LLC’s investment portfolio, making the stock its 24th largest holding. Boyum Wealth Architects LLC owned about 0.07% of iShares Russell 2500 ETF as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the business. CX Institutional bought a new stake in iShares Russell 2500 ETF in the 3rd quarter worth about $6,040,000. QRG Capital Management Inc. lifted its stake in iShares Russell 2500 ETF by 41.7% during the 2nd quarter. QRG Capital Management Inc. now owns 18,494 shares of the company’s stock valued at $1,695,000 after acquiring an additional 5,443 shares during the period. Capital Analysts LLC boosted its holdings in shares of iShares Russell 2500 ETF by 17.9% during the 2nd quarter. Capital Analysts LLC now owns 3,655 shares of the company’s stock valued at $335,000 after acquiring an additional 555 shares during the last quarter. Integrated Wealth Concepts LLC purchased a new stake in shares of iShares Russell 2500 ETF during the 2nd quarter valued at about $269,000. Finally, NewEdge Advisors LLC grew its stake in shares of iShares Russell 2500 ETF by 16.3% in the second quarter. NewEdge Advisors LLC now owns 7,924 shares of the company’s stock worth $726,000 after acquiring an additional 1,108 shares during the period.

iShares Russell 2500 ETF Stock Performance

Shares of SMMD traded up $0.11 during mid-day trading on Tuesday, hitting $87.21. 85,789 shares of the company traded hands, compared to its average volume of 322,630. The stock has a 50-day moving average price of $89.66 and a two-hundred day moving average price of $87.04. iShares Russell 2500 ETF has a 1 year low of $69.94 and a 1 year high of $93.42. The stock has a market cap of $1.87 billion, a price-to-earnings ratio of 19.95 and a beta of 1.09.

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.