Rossby Financial LCC Has $6.25 Million Holdings in iShares Russell 2500 ETF $SMMD

Rossby Financial LCC boosted its position in shares of iShares Russell 2500 ETF (BATS:SMMD) by 10.3% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 92,198 shares of the company’s stock after buying an additional 8,591 shares during the quarter. iShares Russell 2500 ETF accounts for approximately 2.3% of Rossby Financial LCC’s investment portfolio, making the stock its 4th largest position. Rossby Financial LCC’s holdings in iShares Russell 2500 ETF were worth $6,249,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of SMMD. Cambridge Investment Research Advisors Inc. boosted its position in shares of iShares Russell 2500 ETF by 12.9% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 11,927 shares of the company’s stock valued at $746,000 after purchasing an additional 1,365 shares during the period. Spire Wealth Management boosted its position in shares of iShares Russell 2500 ETF by 213.8% in the 1st quarter. Spire Wealth Management now owns 477 shares of the company’s stock valued at $30,000 after purchasing an additional 325 shares during the period. Perigon Wealth Management LLC boosted its position in shares of iShares Russell 2500 ETF by 8.1% in the 1st quarter. Perigon Wealth Management LLC now owns 4,481 shares of the company’s stock valued at $280,000 after purchasing an additional 335 shares during the period. Allspring Global Investments Holdings LLC acquired a new position in shares of iShares Russell 2500 ETF in the 1st quarter valued at $62,000. Finally, Kendall Capital Management boosted its position in shares of iShares Russell 2500 ETF by 3.5% in the 1st quarter. Kendall Capital Management now owns 303,038 shares of the company’s stock valued at $18,952,000 after purchasing an additional 10,239 shares during the period.

iShares Russell 2500 ETF Stock Up 10.7%

BATS:SMMD opened at $75.63 on Tuesday. iShares Russell 2500 ETF has a 1-year low of $53.81 and a 1-year high of $74.66. The firm has a market capitalization of $1.62 billion, a price-to-earnings ratio of 19.95 and a beta of 1.09. The stock has a fifty day simple moving average of $73.51 and a 200 day simple moving average of $68.65.

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.