QRG Capital Management Inc. bought a new position in shares of iShares Russell 2500 ETF (BATS:SMMD – Free Report) during the 1st quarter, according to the company in its most recent filing with the SEC. The fund bought 13,051 shares of the company’s stock, valued at approximately $996,000.
A number of other large investors have also modified their holdings of SMMD. Sierra Summit Advisors LLC lifted its holdings in shares of iShares Russell 2500 ETF by 23.5% in the 1st quarter. Sierra Summit Advisors LLC now owns 11,611 shares of the company’s stock valued at $886,000 after buying an additional 2,209 shares during the period. Fairman Group LLC grew its holdings in iShares Russell 2500 ETF by 83.2% during the first quarter. Fairman Group LLC now owns 7,258 shares of the company’s stock worth $554,000 after acquiring an additional 3,297 shares during the period. Janney Montgomery Scott LLC raised its position in iShares Russell 2500 ETF by 16.4% in the first quarter. Janney Montgomery Scott LLC now owns 132,395 shares of the company’s stock worth $10,108,000 after acquiring an additional 18,614 shares in the last quarter. Pinnacle Wealth Management Advisory Group LLC purchased a new position in iShares Russell 2500 ETF in the first quarter worth $1,602,000. Finally, Park Edge Advisors LLC acquired a new stake in iShares Russell 2500 ETF in the first quarter valued at $260,000.
iShares Russell 2500 ETF Stock Down 1.1%
BATS:SMMD opened at $89.18 on Thursday. The firm’s fifty day simple moving average is $88.07 and its 200-day simple moving average is $82.28. The stock has a market cap of $1.91 billion, a PE ratio of 19.95 and a beta of 1.09. iShares Russell 2500 ETF has a fifty-two week low of $66.96 and a fifty-two week high of $92.07.
About iShares Russell 2500 ETF
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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