iShares Russell 2500 ETF $SMMD Shares Newly Purchased by Single Point Partners LLC

Single Point Partners LLC purchased a new stake in shares of iShares Russell 2500 ETF (BATS:SMMD) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 32,770 shares of the company’s stock, valued at approximately $2,802,000. iShares Russell 2500 ETF comprises about 0.3% of Single Point Partners LLC’s investment portfolio, making the stock its 28th biggest holding.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Retirement Planning Group LLC purchased a new position in shares of iShares Russell 2500 ETF in the third quarter worth approximately $3,807,000. Optivise Advisory Services LLC bought a new stake in iShares Russell 2500 ETF during the third quarter valued at approximately $214,000. Absolute Capital Management LLC bought a new stake in iShares Russell 2500 ETF during the third quarter valued at approximately $468,000. Align Financial LLC purchased a new stake in iShares Russell 2500 ETF during the third quarter valued at approximately $590,000. Finally, Mather Group LLC. purchased a new stake in iShares Russell 2500 ETF during the third quarter valued at approximately $348,000.

iShares Russell 2500 ETF Trading Up 0.0%

SMMD opened at $84.68 on Tuesday. iShares Russell 2500 ETF has a 1-year low of $69.94 and a 1-year high of $93.42. The company has a market capitalization of $1.82 billion, a PE ratio of 19.95 and a beta of 1.09. The firm’s 50 day simple moving average is $88.63 and its two-hundred day simple moving average is $87.73.

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.