Great Lakes Advisors LLC Sells 22,597 Shares of iShares Russell 2500 ETF $SMMD

Great Lakes Advisors LLC reduced its position in iShares Russell 2500 ETF (BATS:SMMD) by 88.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,040 shares of the company’s stock after selling 22,597 shares during the quarter. Great Lakes Advisors LLC’s holdings in iShares Russell 2500 ETF were worth $224,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in SMMD. Truist Financial Corp grew its stake in shares of iShares Russell 2500 ETF by 7.1% during the third quarter. Truist Financial Corp now owns 198,614 shares of the company’s stock valued at $14,644,000 after buying an additional 13,120 shares during the last quarter. Little House Capital LLC lifted its stake in shares of iShares Russell 2500 ETF by 5.0% during the 3rd quarter. Little House Capital LLC now owns 6,411 shares of the company’s stock worth $473,000 after acquiring an additional 303 shares during the last quarter. OneAscent Wealth Management LLC lifted its stake in shares of iShares Russell 2500 ETF by 6.4% during the 3rd quarter. OneAscent Wealth Management LLC now owns 8,399 shares of the company’s stock worth $619,000 after acquiring an additional 502 shares during the last quarter. Fairman Group LLC boosted its holdings in iShares Russell 2500 ETF by 38.3% during the 3rd quarter. Fairman Group LLC now owns 2,264 shares of the company’s stock valued at $167,000 after acquiring an additional 627 shares during the period. Finally, Trek Financial LLC grew its position in iShares Russell 2500 ETF by 12.8% in the 3rd quarter. Trek Financial LLC now owns 40,525 shares of the company’s stock valued at $2,988,000 after acquiring an additional 4,609 shares during the last quarter.

iShares Russell 2500 ETF Stock Up 16.3%

SMMD stock opened at $79.45 on Tuesday. The business’s fifty day simple moving average is $77.30 and its two-hundred day simple moving average is $74.20. iShares Russell 2500 ETF has a twelve month low of $53.81 and a twelve month high of $74.66. The firm has a market cap of $1.70 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.