JNBA Financial Advisors Makes New $3.91 Million Investment in iShares Russell 2500 ETF $SMMD

JNBA Financial Advisors acquired a new position in iShares Russell 2500 ETF (BATS:SMMDFree Report) during the second quarter, HoldingsChannel reports. The institutional investor acquired 42,716 shares of the company’s stock, valued at approximately $3,914,000.

A number of other institutional investors and hedge funds have also made changes to their positions in SMMD. Angeles Wealth Management LLC lifted its holdings in shares of iShares Russell 2500 ETF by 150.3% during the first quarter. Angeles Wealth Management LLC now owns 358 shares of the company’s stock valued at $27,000 after purchasing an additional 215 shares during the last quarter. Global Retirement Partners LLC grew its stake in shares of iShares Russell 2500 ETF by 423.3% in the 4th quarter. Global Retirement Partners LLC now owns 382 shares of the company’s stock worth $29,000 after buying an additional 309 shares during the last quarter. Larson Financial Group LLC purchased a new stake in shares of iShares Russell 2500 ETF in the 4th quarter worth approximately $30,000. PNC Financial Services Group Inc. increased its position in iShares Russell 2500 ETF by 5,020.0% during the 4th quarter. PNC Financial Services Group Inc. now owns 512 shares of the company’s stock valued at $38,000 after buying an additional 502 shares in the last quarter. Finally, SHP Wealth Management bought a new position in iShares Russell 2500 ETF during the 4th quarter valued at approximately $50,000.

iShares Russell 2500 ETF Stock Performance

Shares of BATS:SMMD opened at $90.71 on Monday. The stock has a fifty day simple moving average of $90.80 and a two-hundred day simple moving average of $85.49. The stock has a market capitalization of $1.95 billion, a price-to-earnings ratio of 19.95 and a beta of 1.09. iShares Russell 2500 ETF has a 12-month low of $69.94 and a 12-month high of $93.42.

iShares Russell 2500 ETF Company Profile

(Free Report)

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.

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Want to see what other hedge funds are holding SMMD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Russell 2500 ETF (BATS:SMMDFree Report).

Institutional Ownership by Quarter for iShares Russell 2500 ETF (BATS:SMMD)

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