International Assets Investment Management LLC Purchases Shares of 166,547 iShares Russell 2500 ETF (BATS:SMMD)

International Assets Investment Management LLC acquired a new stake in iShares Russell 2500 ETF (BATS:SMMD) during the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 166,547 shares of the company’s stock, valued at approximately $10,254,000.

Several other large investors also recently modified their holdings of SMMD. Coldstream Capital Management Inc. grew its stake in iShares Russell 2500 ETF by 6.9% in the 3rd quarter. Coldstream Capital Management Inc. now owns 1,434,612 shares of the company’s stock valued at $78,201,000 after buying an additional 92,944 shares during the last quarter. CMH Wealth Management LLC grew its position in shares of iShares Russell 2500 ETF by 39.4% in the fourth quarter. CMH Wealth Management LLC now owns 276,759 shares of the company’s stock valued at $17,040,000 after purchasing an additional 78,158 shares during the last quarter. CWA Asset Management Group LLC bought a new position in shares of iShares Russell 2500 ETF during the third quarter worth approximately $3,365,000. CENTRAL TRUST Co lifted its holdings in iShares Russell 2500 ETF by 33.4% during the 4th quarter. CENTRAL TRUST Co now owns 208,453 shares of the company’s stock worth $12,834,000 after purchasing an additional 52,208 shares during the last quarter. Finally, Fifth Third Bancorp boosted its stake in iShares Russell 2500 ETF by 8.8% in the 3rd quarter. Fifth Third Bancorp now owns 489,796 shares of the company’s stock valued at $26,699,000 after purchasing an additional 39,655 shares during the period.

iShares Russell 2500 ETF Price Performance

SMMD stock opened at $62.74 on Monday. iShares Russell 2500 ETF has a fifty-two week low of $38.91 and a fifty-two week high of $45.72. The stock has a market capitalization of $1.06 billion, a price-to-earnings ratio of 14.69 and a beta of 1.16. The business’s fifty day moving average price is $63.10 and its two-hundred day moving average price is $59.82.

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.