Strong Tower Advisory Services Sells 4,397 Shares of iShares Russell 2500 ETF (BATS:SMMD)

Strong Tower Advisory Services cut its stake in shares of iShares Russell 2500 ETF (BATS:SMMD) by 21.6% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 15,948 shares of the company’s stock after selling 4,397 shares during the period. Strong Tower Advisory Services owned about 0.09% of iShares Russell 2500 ETF worth $1,084,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the stock. Eagle Bay Advisors LLC purchased a new stake in shares of iShares Russell 2500 ETF in the fourth quarter worth $30,000. ORG Partners LLC boosted its holdings in iShares Russell 2500 ETF by 39.3% in the 4th quarter. ORG Partners LLC now owns 1,050 shares of the company’s stock worth $71,000 after buying an additional 296 shares during the period. IHT Wealth Management LLC purchased a new stake in iShares Russell 2500 ETF in the 3rd quarter worth $200,000. First Heartland Consultants Inc. purchased a new stake in iShares Russell 2500 ETF in the 3rd quarter worth $201,000. Finally, Sfmg LLC bought a new stake in iShares Russell 2500 ETF during the third quarter valued at about $211,000.

iShares Russell 2500 ETF Stock Performance

SMMD stock opened at $70.02 on Monday. The company has a market capitalization of $1.19 billion, a PE ratio of 15.31 and a beta of 1.15. The company’s fifty day moving average price is $70.57 and its 200-day moving average price is $67.79. iShares Russell 2500 ETF has a one year low of $38.91 and a one year 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.