Simplicity Wealth LLC Acquires 90,154 Shares of iShares Russell 2500 ETF (BATS:SMMD)

Simplicity Wealth LLC boosted its holdings in iShares Russell 2500 ETF (BATS:SMMD) by 365.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 114,791 shares of the company’s stock after acquiring an additional 90,154 shares during the quarter. Simplicity Wealth LLC’s holdings in iShares Russell 2500 ETF were worth $7,775,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in SMMD. Eagle Bay Advisors LLC increased its holdings in shares of iShares Russell 2500 ETF by 45.8% during the first quarter. Eagle Bay Advisors LLC now owns 573 shares of the company’s stock worth $38,000 after buying an additional 180 shares in the last quarter. ORG Partners LLC acquired a new stake in iShares Russell 2500 ETF in the 2nd quarter valued at about $47,000. EverSource Wealth Advisors LLC bought a new position in shares of iShares Russell 2500 ETF in the first quarter worth about $105,000. 1620 Investment Advisors Inc. acquired a new position in shares of iShares Russell 2500 ETF during the second quarter worth approximately $146,000. Finally, Carmichael Hill & Associates Inc. increased its holdings in shares of iShares Russell 2500 ETF by 8.1% in the second quarter. Carmichael Hill & Associates Inc. now owns 2,369 shares of the company’s stock valued at $148,000 after purchasing an additional 178 shares in the last quarter.

iShares Russell 2500 ETF Stock Performance

BATS:SMMD opened at $68.20 on Friday. The stock’s fifty day moving average price is $65.73 and its two-hundred day moving average price is $64.27. The company has a market cap of $1.16 billion, a price-to-earnings ratio of 15.31 and a beta of 1.15. iShares Russell 2500 ETF has a 52-week low of $38.91 and a 52-week high of $45.72.

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.