Divergent Wealth Advisors LLC purchased a new stake in iShares Russell 2500 ETF (BATS:SMMD) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 7,796 shares of the company’s stock, valued at approximately $298,000.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. CWM LLC purchased a new position in shares of iShares Russell 2500 ETF during the 4th quarter valued at about $70,000. Citadel Advisors LLC raised its stake in shares of iShares Russell 2500 ETF by 133.8% in the third quarter. Citadel Advisors LLC now owns 11,622 shares of the company’s stock worth $553,000 after purchasing an additional 6,652 shares during the last quarter. BB&T Securities LLC purchased a new stake in iShares Russell 2500 ETF during the fourth quarter valued at $527,000. Winthrop Advisory Group LLC bought a new stake in iShares Russell 2500 ETF during the fourth quarter valued at about $1,073,000. Finally, Epstein & White Financial LLC bought a new position in shares of iShares Russell 2500 ETF in the fourth quarter worth about $1,784,000.
Shares of BATS SMMD opened at $43.24 on Tuesday. iShares Russell 2500 ETF has a 12-month low of $38.91 and a 12-month high of $45.72.
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