World Investment Advisors LLC Sells 5,176 Shares of iShares Russell 2500 ETF (BATS:SMMD)

World Investment Advisors LLC cut its stake in iShares Russell 2500 ETF (BATS:SMMD) by 1.5% in the third quarter, HoldingsChannel reports. The institutional investor owned 346,924 shares of the company’s stock after selling 5,176 shares during the quarter. World Investment Advisors LLC’s holdings in iShares Russell 2500 ETF were worth $23,497,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of SMMD. FMR LLC raised its stake in shares of iShares Russell 2500 ETF by 41.5% in the third quarter. FMR LLC now owns 717,116 shares of the company’s stock valued at $48,570,000 after acquiring an additional 210,399 shares during the last quarter. Fifth Third Bancorp lifted its position in shares of iShares Russell 2500 ETF by 4.0% during the second quarter. Fifth Third Bancorp now owns 563,524 shares of the company’s stock worth $35,277,000 after purchasing an additional 21,891 shares in the last quarter. Fort Washington Investment Advisors Inc. OH bought a new position in iShares Russell 2500 ETF in the 2nd quarter valued at $30,424,000. CENTRAL TRUST Co boosted its holdings in iShares Russell 2500 ETF by 14.8% in the third quarter. CENTRAL TRUST Co now owns 331,646 shares of the company’s stock valued at $22,462,000 after acquiring an additional 42,840 shares during the last quarter. Finally, Glenmede Trust Co. NA raised its holdings in iShares Russell 2500 ETF by 43.5% during the 3rd quarter. Glenmede Trust Co. NA now owns 331,389 shares of the company’s stock worth $22,445,000 after purchasing an additional 100,503 shares during the last quarter.

iShares Russell 2500 ETF Stock Performance

Shares of BATS SMMD opened at $72.97 on Friday. iShares Russell 2500 ETF has a 1 year low of $38.91 and a 1 year high of $45.72. The firm’s 50-day moving average is $69.94 and its 200-day moving average is $66.38. The firm has a market capitalization of $1.24 billion, a PE ratio of 15.31 and a beta of 1.15.

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.