Focus Partners Wealth increased its holdings in shares of iShares Russell 2500 ETF (BATS:SMMD – Free Report) by 53.0% during the fourth quarter, Holdings Channel reports. The fund owned 757,995 shares of the company’s stock after purchasing an additional 262,684 shares during the period. Focus Partners Wealth’s holdings in iShares Russell 2500 ETF were worth $56,804,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of SMMD. Royal Bank of Canada increased its holdings in iShares Russell 2500 ETF by 12.0% during the 1st quarter. Royal Bank of Canada now owns 58,273 shares of the company’s stock valued at $3,644,000 after purchasing an additional 6,223 shares in the last quarter. Jane Street Group LLC increased its holdings in iShares Russell 2500 ETF by 1,288.2% during the 1st quarter. Jane Street Group LLC now owns 77,005 shares of the company’s stock valued at $4,816,000 after purchasing an additional 71,458 shares in the last quarter. Russell Investments Group Ltd. acquired a new stake in iShares Russell 2500 ETF during the 2nd quarter valued at $82,000. Baird Financial Group Inc. increased its holdings in iShares Russell 2500 ETF by 2.5% during the 2nd quarter. Baird Financial Group Inc. now owns 46,169 shares of the company’s stock valued at $3,129,000 after purchasing an additional 1,115 shares in the last quarter. Finally, NewEdge Advisors LLC increased its holdings in iShares Russell 2500 ETF by 299.7% during the 2nd quarter. NewEdge Advisors LLC now owns 6,304 shares of the company’s stock valued at $427,000 after purchasing an additional 4,727 shares in the last quarter.
iShares Russell 2500 ETF Price Performance
SMMD stock opened at $90.33 on Tuesday. The business has a fifty day moving average price of $85.22 and a 200 day moving average price of $80.51. iShares Russell 2500 ETF has a fifty-two week low of $65.34 and a fifty-two week high of $91.27. The stock has a market capitalization of $1.94 billion, a price-to-earnings ratio of 19.95 and a beta of 1.09.
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.
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Want to see what other hedge funds are holding SMMD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Russell 2500 ETF (BATS:SMMD – Free Report).
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