Pure Financial Advisors LLC Sells 250 Shares of iShares Russell 2500 ETF (BATS:SMMD)

Pure Financial Advisors LLC decreased its holdings in shares of iShares Russell 2500 ETF (BATS:SMMD) by 5.4% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 4,395 shares of the company’s stock after selling 250 shares during the period. Pure Financial Advisors LLC’s holdings in iShares Russell 2500 ETF were worth $253,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in SMMD. Patriot Investment Management Group Inc. purchased a new stake in shares of iShares Russell 2500 ETF during the fourth quarter valued at approximately $28,000. Money Concepts Capital Corp grew its holdings in shares of iShares Russell 2500 ETF by 160.2% during the fourth quarter. Money Concepts Capital Corp now owns 614 shares of the company’s stock valued at $33,000 after buying an additional 378 shares during the last quarter. Blair William & Co. IL grew its holdings in shares of iShares Russell 2500 ETF by 348.3% during the first quarter. Blair William & Co. IL now owns 1,950 shares of the company’s stock valued at $122,000 after buying an additional 1,515 shares during the last quarter. DT Investment Partners LLC grew its holdings in shares of iShares Russell 2500 ETF by 7.7% during the first quarter. DT Investment Partners LLC now owns 3,773 shares of the company’s stock valued at $204,000 after buying an additional 271 shares during the last quarter. Finally, Principal Financial Group Inc. purchased a new stake in shares of iShares Russell 2500 ETF during the first quarter valued at approximately $207,000.

iShares Russell 2500 ETF Stock Down 1.0 %

BATS:SMMD opened at $56.46 on Friday. The company’s 50 day moving average price is $58.17 and its 200-day moving average price is $55.92. iShares Russell 2500 ETF has a 52 week low of $38.91 and a 52 week high of $45.72. The stock has a market cap of $770.61 million, a price-to-earnings ratio of 12.68 and a beta of 1.14.

About iShares Russell 2500 ETF

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.