Fifth Third Bancorp Raises Stock Holdings in iShares Russell 2500 ETF $SMMD

Fifth Third Bancorp raised its holdings in iShares Russell 2500 ETF (BATS:SMMD) by 485.3% during the 1st quarter, Holdings Channel reports. The firm owned 3,058,941 shares of the company’s stock after buying an additional 2,536,353 shares during the quarter. Fifth Third Bancorp owned approximately 0.14% of iShares Russell 2500 ETF worth $233,550,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the business. Global Retirement Partners LLC lifted its position in shares of iShares Russell 2500 ETF by 423.3% during the 4th quarter. Global Retirement Partners LLC now owns 382 shares of the company’s stock valued at $29,000 after buying an additional 309 shares in the last quarter. Larson Financial Group LLC purchased a new stake in iShares Russell 2500 ETF in the 4th quarter worth $30,000. PNC Financial Services Group Inc. increased its holdings in iShares Russell 2500 ETF by 5,020.0% in the 4th quarter. PNC Financial Services Group Inc. now owns 512 shares of the company’s stock worth $38,000 after acquiring an additional 502 shares in the last quarter. SHP Wealth Management acquired a new position in iShares Russell 2500 ETF during the fourth quarter worth $50,000. Finally, Ascentis Independent Advisors acquired a new position in iShares Russell 2500 ETF during the first quarter worth $58,000.

iShares Russell 2500 ETF Stock Down 0.1%

Shares of BATS SMMD traded down $0.06 during trading on Friday, hitting $90.12. The company had a trading volume of 146,737 shares, compared to its average volume of 313,381. iShares Russell 2500 ETF has a fifty-two week low of $66.96 and a fifty-two week high of $92.07. The stock has a fifty day simple moving average of $88.35 and a two-hundred day simple moving average of $82.43. The firm has a market capitalization of $1.93 billion, a price-to-earnings ratio of 19.95 and a beta of 1.09.

iShares Russell 2500 ETF 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.