Janney Montgomery Scott LLC Acquires 18,614 Shares of iShares Russell 2500 ETF $SMMD

Janney Montgomery Scott LLC boosted its holdings in iShares Russell 2500 ETF (BATS:SMMD) by 16.4% in the first quarter, Holdings Channel reports. The institutional investor owned 132,395 shares of the company’s stock after acquiring an additional 18,614 shares during the quarter. Janney Montgomery Scott LLC’s holdings in iShares Russell 2500 ETF were worth $10,108,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Glenmede Investment Management LP lifted its position in shares of iShares Russell 2500 ETF by 16.2% during the third quarter. Glenmede Investment Management LP now owns 3,404,659 shares of the company’s stock worth $251,026,000 after acquiring an additional 473,942 shares in the last quarter. Gerber Kawasaki Wealth & Investment Management grew its position in shares of iShares Russell 2500 ETF by 283.1% in the third quarter. Gerber Kawasaki Wealth & Investment Management now owns 443,973 shares of the company’s stock valued at $32,734,000 after purchasing an additional 328,098 shares in the last quarter. Blair William & Co. IL raised its stake in shares of iShares Russell 2500 ETF by 156.7% during the 4th quarter. Blair William & Co. IL now owns 479,957 shares of the company’s stock valued at $35,968,000 after purchasing an additional 292,966 shares during the period. Focus Partners Wealth raised its stake in shares of iShares Russell 2500 ETF by 53.0% during the 4th quarter. Focus Partners Wealth now owns 757,995 shares of the company’s stock valued at $56,804,000 after purchasing an additional 262,684 shares during the period. Finally, CENTRAL TRUST Co lifted its holdings in iShares Russell 2500 ETF by 27.1% during the 1st quarter. CENTRAL TRUST Co now owns 949,678 shares of the company’s stock worth $72,508,000 after purchasing an additional 202,293 shares in the last quarter.

iShares Russell 2500 ETF Stock Down 0.3%

Shares of BATS SMMD opened at $90.77 on Friday. iShares Russell 2500 ETF has a 52 week low of $66.96 and a 52 week high of $92.07. The business has a 50-day simple moving average of $87.59 and a two-hundred day simple moving average of $81.86. The company has a market cap of $1.95 billion, a P/E ratio of 19.95 and a beta of 1.09.

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.