33,831 Shares of iShares Russell 2500 ETF $SMMD Purchased by QP Wealth Management LLC

QP Wealth Management LLC purchased a new stake in iShares Russell 2500 ETF (BATS:SMMD) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 33,831 shares of the company’s stock, valued at approximately $2,893,000. iShares Russell 2500 ETF makes up 4.3% of QP Wealth Management LLC’s portfolio, making the stock its 3rd largest holding. QP Wealth Management LLC owned 0.16% of iShares Russell 2500 ETF at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the stock. Angeles Wealth Management LLC raised its position in shares of iShares Russell 2500 ETF by 150.3% in the 1st quarter. Angeles Wealth Management LLC now owns 358 shares of the company’s stock worth $27,000 after acquiring an additional 215 shares in the last quarter. SHP Wealth Management purchased a new stake in iShares Russell 2500 ETF in the fourth quarter worth $50,000. Compass Financial Management LLC purchased a new stake in iShares Russell 2500 ETF in the second quarter worth $84,000. Assetmark Inc. raised its holdings in iShares Russell 2500 ETF by 3,988.9% in the first quarter. Assetmark Inc. now owns 736 shares of the company’s stock worth $56,000 after purchasing an additional 718 shares in the last quarter. Finally, Ascentis Independent Advisors bought a new position in iShares Russell 2500 ETF in the first quarter worth $58,000.

iShares Russell 2500 ETF Price Performance

BATS:SMMD opened at $85.81 on Wednesday. iShares Russell 2500 ETF has a one year low of $69.94 and a one year high of $93.42. The company’s 50-day simple moving average is $88.50 and its 200 day simple moving average is $87.79. The firm has a market capitalization of $1.84 billion, a P/E 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.