iShares Russell 2500 ETF $SMMD is Glenmede Trust Co. NA’s 8th Largest Position

Glenmede Trust Co. NA increased its stake in shares of iShares Russell 2500 ETF (BATS:SMMD) by 12.1% in the 1st quarter, Holdings Channel reports. The firm owned 4,413,593 shares of the company’s stock after purchasing an additional 475,969 shares during the period. iShares Russell 2500 ETF accounts for 1.7% of Glenmede Trust Co. NA’s investment portfolio, making the stock its 8th largest holding. Glenmede Trust Co. NA owned about 0.21% of iShares Russell 2500 ETF worth $336,978,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Angeles Wealth Management LLC lifted its stake in iShares Russell 2500 ETF by 150.3% in the 1st quarter. Angeles Wealth Management LLC now owns 358 shares of the company’s stock valued at $27,000 after buying an additional 215 shares in the last quarter. Global Retirement Partners LLC increased its stake in iShares Russell 2500 ETF by 423.3% during the 4th quarter. Global Retirement Partners LLC now owns 382 shares of the company’s stock worth $29,000 after buying an additional 309 shares in the last quarter. Larson Financial Group LLC purchased a new stake in iShares Russell 2500 ETF during the 4th quarter worth approximately $30,000. PNC Financial Services Group Inc. raised its holdings in shares of iShares Russell 2500 ETF by 5,020.0% during the fourth quarter. PNC Financial Services Group Inc. now owns 512 shares of the company’s stock valued at $38,000 after acquiring an additional 502 shares during the last quarter. Finally, SHP Wealth Management acquired a new position in shares of iShares Russell 2500 ETF during the fourth quarter valued at approximately $50,000.

iShares Russell 2500 ETF Price Performance

BATS SMMD opened at $89.09 on Friday. The company has a market cap of $1.91 billion, a PE ratio of 19.95 and a beta of 1.09. The stock’s 50 day simple moving average is $89.43 and its 200-day simple moving average is $83.77. iShares Russell 2500 ETF has a 1-year low of $66.96 and a 1-year high of $92.07.

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.