Blue Trust Inc. Grows Stake in iShares Russell 2500 ETF $SMMD

Blue Trust Inc. increased its position in iShares Russell 2500 ETF (BATS:SMMD) by 58,398.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 31,004 shares of the company’s stock after acquiring an additional 30,951 shares during the period. Blue Trust Inc.’s holdings in iShares Russell 2500 ETF were worth $2,323,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of SMMD. New Republic Capital LLC purchased a new position in iShares Russell 2500 ETF in the third quarter worth about $71,000. CIBC Private Wealth Group LLC increased its position in shares of iShares Russell 2500 ETF by 14.7% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 1,090 shares of the company’s stock valued at $80,000 after purchasing an additional 140 shares during the last quarter. Russell Investments Group Ltd. purchased a new stake in shares of iShares Russell 2500 ETF during the 2nd quarter valued at about $82,000. Cornerstone Planning Group LLC lifted its stake in shares of iShares Russell 2500 ETF by 15.5% in the 3rd quarter. Cornerstone Planning Group LLC now owns 1,397 shares of the company’s stock worth $103,000 after purchasing an additional 187 shares during the period. Finally, Fairman Group LLC boosted its holdings in shares of iShares Russell 2500 ETF by 38.3% in the third quarter. Fairman Group LLC now owns 2,264 shares of the company’s stock worth $167,000 after buying an additional 627 shares during the last quarter.

iShares Russell 2500 ETF Trading Up 0.6%

Shares of BATS SMMD opened at $77.49 on Friday. iShares Russell 2500 ETF has a 12-month low of $53.81 and a 12-month high of $82.05. The firm has a market capitalization of $1.66 billion, a price-to-earnings ratio of 19.95 and a beta of 1.09. The firm has a 50 day moving average of $78.76 and a 200 day moving average of $76.40.

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.