Guidance Capital Inc. Invests $978,000 in iShares Russell 2500 ETF $SMMD

Guidance Capital Inc. purchased a new position in iShares Russell 2500 ETF (BATS:SMMD) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 12,059 shares of the company’s stock, valued at approximately $978,000. Guidance Capital Inc. owned 0.06% of iShares Russell 2500 ETF as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Catalyst Financial Partners LLC lifted its position in shares of iShares Russell 2500 ETF by 7.9% in the 3rd quarter. Catalyst Financial Partners LLC now owns 95,148 shares of the company’s stock worth $7,015,000 after purchasing an additional 6,965 shares during the period. Glenmede Investment Management LP increased its stake in shares of iShares Russell 2500 ETF by 16.2% in the 3rd quarter. Glenmede Investment Management LP now owns 3,404,659 shares of the company’s stock valued at $251,026,000 after acquiring an additional 473,942 shares in the last quarter. Truist Financial Corp increased its stake in shares of iShares Russell 2500 ETF by 7.1% in the 3rd quarter. Truist Financial Corp now owns 198,614 shares of the company’s stock valued at $14,644,000 after acquiring an additional 13,120 shares in the last quarter. SigFig Wealth Management LLC increased its stake in shares of iShares Russell 2500 ETF by 16.3% in the 3rd quarter. SigFig Wealth Management LLC now owns 110,496 shares of the company’s stock valued at $8,136,000 after acquiring an additional 15,448 shares in the last quarter. Finally, Rossby Financial LCC increased its stake in shares of iShares Russell 2500 ETF by 9.0% in the 3rd quarter. Rossby Financial LCC now owns 100,464 shares of the company’s stock valued at $7,425,000 after acquiring an additional 8,266 shares in the last quarter.

iShares Russell 2500 ETF Stock Up 1.0%

BATS:SMMD opened at $82.45 on Wednesday. The company has a fifty day moving average of $78.78 and a 200-day moving average of $76.77. The firm has a market capitalization of $1.77 billion, a P/E ratio of 19.95 and a beta of 1.09. iShares Russell 2500 ETF has a twelve month low of $56.74 and a twelve month high of $82.58.

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.