World Investment Advisors Has $12.45 Million Position in iShares Russell 2500 ETF $SMMD

World Investment Advisors lessened its position in iShares Russell 2500 ETF (BATS:SMMD) by 49.6% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 163,073 shares of the company’s stock after selling 160,350 shares during the period. World Investment Advisors’ holdings in iShares Russell 2500 ETF were worth $12,451,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the company. Global Retirement Partners LLC boosted its holdings in shares of iShares Russell 2500 ETF by 423.3% during the fourth quarter. Global Retirement Partners LLC now owns 382 shares of the company’s stock worth $29,000 after acquiring an additional 309 shares during the period. Larson Financial Group LLC bought a new position in shares of iShares Russell 2500 ETF during the fourth quarter worth approximately $30,000. PNC Financial Services Group Inc. increased its stake in shares of iShares Russell 2500 ETF by 5,020.0% during the fourth quarter. PNC Financial Services Group Inc. now owns 512 shares of the company’s stock worth $38,000 after purchasing an additional 502 shares during the period. SHP Wealth Management bought a new position in shares of iShares Russell 2500 ETF during the fourth quarter worth approximately $50,000. Finally, Federated Hermes Inc. acquired a new stake in iShares Russell 2500 ETF during the 4th quarter worth approximately $65,000.

iShares Russell 2500 ETF Price Performance

SMMD opened at $90.77 on Friday. The business has a fifty day simple moving average of $87.71 and a 200 day simple moving average of $81.92. The company has a market capitalization of $1.95 billion, a PE ratio of 19.95 and a beta of 1.09. iShares Russell 2500 ETF has a 1 year low of $66.96 and a 1 year high of $92.07.

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.