iShares Russell 2500 ETF $SMMD Shares Acquired by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. lifted its stake in iShares Russell 2500 ETF (BATS:SMMD) by 3.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 266,378 shares of the company’s stock after acquiring an additional 9,862 shares during the period. Envestnet Asset Management Inc. owned 1.24% of iShares Russell 2500 ETF worth $19,640,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Bank of America Corp DE increased its stake in iShares Russell 2500 ETF by 1.3% in the 2nd quarter. Bank of America Corp DE now owns 816,499 shares of the company’s stock valued at $55,342,000 after buying an additional 10,761 shares during the period. CENTRAL TRUST Co grew its stake in iShares Russell 2500 ETF by 14.0% in the second quarter. CENTRAL TRUST Co now owns 621,081 shares of the company’s stock valued at $42,097,000 after purchasing an additional 76,222 shares in the last quarter. Wealthspire Advisors LLC increased its position in iShares Russell 2500 ETF by 4.4% in the 2nd quarter. Wealthspire Advisors LLC now owns 503,388 shares of the company’s stock worth $34,120,000 after purchasing an additional 21,416 shares during the last quarter. Osaic Holdings Inc. raised its stake in shares of iShares Russell 2500 ETF by 199.9% during the 2nd quarter. Osaic Holdings Inc. now owns 280,032 shares of the company’s stock worth $18,974,000 after purchasing an additional 186,649 shares in the last quarter. Finally, Truist Financial Corp grew 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 buying an additional 13,120 shares in the last quarter.

iShares Russell 2500 ETF Stock Performance

Shares of SMMD opened at $80.48 on Friday. The firm has a market cap of $1.73 billion, a PE ratio of 19.95 and a beta of 1.09. iShares Russell 2500 ETF has a twelve month low of $53.81 and a twelve month high of $82.05. The firm’s 50 day moving average price is $78.24 and its 200 day moving average price is $74.81.

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.