iShares Russell 2500 ETF $SMMD is Rossby Financial LCC’s 4th Largest Position

Rossby Financial LCC boosted its stake in shares of iShares Russell 2500 ETF (BATS:SMMD) by 9.0% during the 3rd quarter, Holdings Channel.com reports. The firm owned 100,464 shares of the company’s stock after buying an additional 8,266 shares during the quarter. iShares Russell 2500 ETF accounts for about 2.4% of Rossby Financial LCC’s holdings, making the stock its 4th largest position. Rossby Financial LCC’s holdings in iShares Russell 2500 ETF were worth $7,425,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of SMMD. Essex Financial Services Inc. bought a new position in shares of iShares Russell 2500 ETF in the third quarter worth about $200,000. Wealthcare Advisory Partners LLC grew its stake in shares of iShares Russell 2500 ETF by 39.1% during the 3rd quarter. Wealthcare Advisory Partners LLC now owns 250,410 shares of the company’s stock valued at $18,463,000 after acquiring an additional 70,363 shares during the period. Fifth Third Bancorp raised its stake in iShares Russell 2500 ETF by 0.4% during the 3rd quarter. Fifth Third Bancorp now owns 522,223 shares of the company’s stock worth $38,504,000 after acquiring an additional 2,150 shares during the period. CENTRAL TRUST Co raised its stake in iShares Russell 2500 ETF by 11.6% during the 3rd quarter. CENTRAL TRUST Co now owns 693,101 shares of the company’s stock worth $51,102,000 after acquiring an additional 72,020 shares during the period. Finally, Edgemoor Investment Advisors Inc. purchased a new position in iShares Russell 2500 ETF during the third quarter valued at approximately $236,000.

iShares Russell 2500 ETF Price Performance

SMMD opened at $81.28 on Friday. The company has a 50 day simple moving average of $78.68 and a two-hundred day simple moving average of $75.18. The firm has a market cap of $1.74 billion, a P/E ratio of 19.95 and a beta of 1.09. iShares Russell 2500 ETF has a 1-year low of $53.81 and a 1-year high of $82.05.

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.