AlTi Global Inc. Purchases 15,752 Shares of iShares Russell 2500 ETF $SMMD

AlTi Global Inc. lifted its position in iShares Russell 2500 ETF (BATS:SMMD) by 44.2% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 51,411 shares of the company’s stock after purchasing an additional 15,752 shares during the period. AlTi Global Inc. owned about 0.24% of iShares Russell 2500 ETF worth $3,925,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Angeles Wealth Management LLC boosted its stake in shares of iShares Russell 2500 ETF by 150.3% in the first quarter. Angeles Wealth Management LLC now owns 358 shares of the company’s stock worth $27,000 after acquiring an additional 215 shares during the period. Global Retirement Partners LLC grew its position in shares of iShares Russell 2500 ETF by 423.3% during the fourth quarter. Global Retirement Partners LLC now owns 382 shares of the company’s stock worth $29,000 after purchasing an additional 309 shares in the last quarter. Larson Financial Group LLC bought a new stake in iShares Russell 2500 ETF during the 4th quarter valued at approximately $30,000. PNC Financial Services Group Inc. raised its stake in iShares Russell 2500 ETF by 5,020.0% during the 4th quarter. PNC Financial Services Group Inc. now owns 512 shares of the company’s stock valued at $38,000 after purchasing an additional 502 shares during the period. Finally, SHP Wealth Management purchased a new position in iShares Russell 2500 ETF in the 4th quarter worth approximately $50,000.

iShares Russell 2500 ETF Price Performance

SMMD stock opened at $89.66 on Monday. iShares Russell 2500 ETF has a 1-year low of $66.96 and a 1-year high of $92.07. The company has a market capitalization of $1.92 billion, a price-to-earnings ratio of 19.95 and a beta of 1.09. The business has a 50 day simple moving average of $88.71 and a two-hundred day simple moving average of $82.94.

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.