Kendall Capital Management lifted its stake in shares of iShares Russell 2500 ETF (BATS:SMMD – Free Report) by 6.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 331,297 shares of the company’s stock after acquiring an additional 20,802 shares during the period. iShares Russell 2500 ETF accounts for about 5.5% of Kendall Capital Management’s investment portfolio, making the stock its largest position. Kendall Capital Management’s holdings in iShares Russell 2500 ETF were worth $24,427,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors have also recently added to or reduced their stakes in SMMD. Bank of America Corp DE grew its position in iShares Russell 2500 ETF by 1.3% in the second quarter. Bank of America Corp DE now owns 816,499 shares of the company’s stock valued at $55,342,000 after acquiring an additional 10,761 shares in the last quarter. CENTRAL TRUST Co grew its stake in iShares Russell 2500 ETF by 11.6% in the third quarter. CENTRAL TRUST Co now owns 693,101 shares of the company’s stock worth $51,102,000 after purchasing an additional 72,020 shares in the last quarter. Cresset Asset Management LLC increased its holdings in shares of iShares Russell 2500 ETF by 0.8% in the 3rd quarter. Cresset Asset Management LLC now owns 608,949 shares of the company’s stock valued at $44,898,000 after acquiring an additional 5,125 shares during the last quarter. Fifth Third Bancorp raised its holdings in shares of iShares Russell 2500 ETF by 0.4% during the third quarter. Fifth Third Bancorp now owns 522,223 shares of the company’s stock worth $38,504,000 after purchasing an additional 2,150 shares during the period. Finally, Wealthspire Advisors LLC raised its stake in iShares Russell 2500 ETF by 4.4% during the second quarter. Wealthspire Advisors LLC now owns 503,388 shares of the company’s stock worth $34,120,000 after acquiring an additional 21,416 shares during the period.
iShares Russell 2500 ETF Price Performance
Shares of SMMD opened at $77.72 on Wednesday. iShares Russell 2500 ETF has a 12 month low of $53.81 and a 12 month high of $82.05. The company has a market cap of $1.67 billion, a P/E ratio of 19.95 and a beta of 1.09. The stock has a fifty day moving average price of $79.57 and a 200 day moving average price of $76.06.
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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