Farther Finance Advisors LLC lifted its position in shares of iShares Russell 2500 ETF (BATS:SMMD – Free Report) by 174.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,433 shares of the company’s stock after acquiring an additional 7,271 shares during the quarter. Farther Finance Advisors LLC owned 0.05% of iShares Russell 2500 ETF worth $857,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also modified their holdings of SMMD. Glenmede Investment Management LP increased its stake in 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 purchasing an additional 473,942 shares in the last quarter. Gerber Kawasaki Wealth & Investment Management boosted its position in iShares Russell 2500 ETF by 283.1% during the third quarter. Gerber Kawasaki Wealth & Investment Management now owns 443,973 shares of the company’s stock worth $32,734,000 after purchasing an additional 328,098 shares in the last quarter. Congress Asset Management Co. grew its holdings in iShares Russell 2500 ETF by 112.0% in the fourth quarter. Congress Asset Management Co. now owns 240,169 shares of the company’s stock valued at $17,998,000 after purchasing an additional 126,878 shares during the last quarter. Bank of America Corp DE grew its holdings in iShares Russell 2500 ETF by 12.2% in the third quarter. Bank of America Corp DE now owns 916,251 shares of the company’s stock valued at $67,555,000 after purchasing an additional 99,752 shares during the last quarter. Finally, CENTRAL TRUST Co increased its position in shares of iShares Russell 2500 ETF by 11.6% in the third quarter. CENTRAL TRUST Co now owns 693,101 shares of the company’s stock valued at $51,102,000 after buying an additional 72,020 shares in the last quarter.
iShares Russell 2500 ETF Stock Down 0.4%
Shares of SMMD stock opened at $84.08 on Friday. The stock has a market cap of $1.80 billion, a P/E ratio of 19.95 and a beta of 1.09. iShares Russell 2500 ETF has a fifty-two week low of $59.90 and a fifty-two week high of $85.55. The business has a fifty day simple moving average of $79.27 and a 200-day simple moving average of $77.21.
iShares Russell 2500 ETF 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.
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