USAdvisors Wealth Management LLC purchased a new position in shares of iShares Russell 2500 ETF (BATS:SMMD – Free Report) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 10,624 shares of the company’s stock, valued at approximately $908,000.
A number of other large investors also recently modified their holdings of the company. Glenmede Trust Co. NA grew its position in iShares Russell 2500 ETF by 12.1% during the 1st quarter. Glenmede Trust Co. NA now owns 4,413,593 shares of the company’s stock worth $336,978,000 after acquiring an additional 475,969 shares during the last quarter. Fifth Third Bancorp increased its holdings in iShares Russell 2500 ETF by 485.3% in the 1st quarter. Fifth Third Bancorp now owns 3,058,941 shares of the company’s stock worth $233,550,000 after purchasing an additional 2,536,353 shares in the last quarter. CENTRAL TRUST Co increased its holdings in iShares Russell 2500 ETF by 27.1% in 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. Diesslin Group Inc. raised its position in iShares Russell 2500 ETF by 20.5% in the second quarter. Diesslin Group Inc. now owns 351,000 shares of the company’s stock valued at $32,162,000 after purchasing an additional 59,807 shares during the last quarter. Finally, CWA Asset Management Group LLC bought a new position in iShares Russell 2500 ETF in the third quarter valued at about $19,964,000.
iShares Russell 2500 ETF Trading Up 0.4%
Shares of SMMD stock opened at $86.13 on Thursday. The business’s 50-day moving average price is $88.37 and its 200-day moving average price is $87.85. iShares Russell 2500 ETF has a 12 month low of $69.94 and a 12 month high of $93.42. The firm has a market capitalization of $1.85 billion, a price-to-earnings 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.
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