iShares Russell 2500 ETF $SMMD Shares Bought by Gerber Kawasaki Wealth & Investment Management

Gerber Kawasaki Wealth & Investment Management raised its position in iShares Russell 2500 ETF (BATS:SMMD) by 6.1% in the 4th quarter, Holdings Channel.com reports. The fund owned 471,055 shares of the company’s stock after acquiring an additional 27,082 shares during the quarter. iShares Russell 2500 ETF makes up approximately 1.2% of Gerber Kawasaki Wealth & Investment Management’s portfolio, making the stock its 21st biggest position. Gerber Kawasaki Wealth & Investment Management’s holdings in iShares Russell 2500 ETF were worth $35,301,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the company. Glenmede Investment Management LP boosted its stake in iShares Russell 2500 ETF by 16.2% in the third quarter. Glenmede Investment Management LP now owns 3,404,659 shares of the company’s stock valued at $251,026,000 after acquiring an additional 473,942 shares in the last quarter. Bank of America Corp DE boosted its stake in iShares Russell 2500 ETF by 12.2% in the third quarter. Bank of America Corp DE now owns 916,251 shares of the company’s stock valued at $67,555,000 after acquiring an additional 99,752 shares in the last quarter. CENTRAL TRUST Co boosted its stake in iShares Russell 2500 ETF by 7.8% in the fourth quarter. CENTRAL TRUST Co now owns 747,385 shares of the company’s stock valued at $56,009,000 after acquiring an additional 54,284 shares in the last quarter. Cresset Asset Management LLC boosted its stake in iShares Russell 2500 ETF by 0.8% in the third 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 in the last quarter. Finally, Fifth Third Bancorp boosted its stake in iShares Russell 2500 ETF by 0.4% in the third quarter. Fifth Third Bancorp now owns 522,223 shares of the company’s stock valued at $38,504,000 after acquiring an additional 2,150 shares in the last quarter.

iShares Russell 2500 ETF Stock Up 1.0%

Shares of SMMD opened at $89.79 on Friday. The company has a market cap of $1.93 billion, a price-to-earnings ratio of 19.95 and a beta of 1.09. iShares Russell 2500 ETF has a twelve month low of $65.34 and a twelve month high of $90.33. The company has a 50 day moving average of $84.96 and a two-hundred day moving average of $80.34.

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.