First Heartland Consultants Inc. Makes New $201,000 Investment in iShares Russell 2500 ETF (BATS:SMMD)

First Heartland Consultants Inc. bought a new position in shares of iShares Russell 2500 ETF (BATS:SMMD) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 2,967 shares of the company’s stock, valued at approximately $201,000.

Other hedge funds have also recently modified their holdings of the company. ORG Partners LLC bought a new position in shares of iShares Russell 2500 ETF during the 2nd quarter worth approximately $47,000. EverSource Wealth Advisors LLC bought a new stake in shares of iShares Russell 2500 ETF in the 1st quarter worth approximately $105,000. 1620 Investment Advisors Inc. bought a new stake in shares of iShares Russell 2500 ETF in the 2nd quarter worth approximately $146,000. Carmichael Hill & Associates Inc. raised its holdings in shares of iShares Russell 2500 ETF by 8.1% in the 2nd quarter. Carmichael Hill & Associates Inc. now owns 2,369 shares of the company’s stock worth $148,000 after purchasing an additional 178 shares during the period. Finally, Lindbrook Capital LLC bought a new stake in shares of iShares Russell 2500 ETF in the 3rd quarter worth approximately $227,000.

iShares Russell 2500 ETF Trading Down 0.6 %

BATS:SMMD opened at $71.65 on Thursday. The stock has a market capitalization of $1.22 billion, a PE ratio of 15.31 and a beta of 1.15. The firm’s 50 day moving average is $67.69 and its 200 day moving average is $65.27. iShares Russell 2500 ETF has a 12 month low of $38.91 and a 12 month high of $45.72.

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.