Cibc World Market Inc. Purchases New Shares in iShares Russell 2500 ETF $SMMD

Cibc World Market Inc. acquired a new stake in iShares Russell 2500 ETF (BATS:SMMD) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 88,152 shares of the company’s stock, valued at approximately $6,606,000.

A number of other hedge funds have also recently bought and sold shares of the company. Goldman Sachs Group Inc. boosted its position in iShares Russell 2500 ETF by 227.1% in the 4th quarter. Goldman Sachs Group Inc. now owns 19,202 shares of the company’s stock valued at $1,439,000 after buying an additional 13,332 shares during the last quarter. Bridges Investment Management Inc. bought a new position in iShares Russell 2500 ETF in the 4th quarter valued at $13,803,000. Sfmg LLC boosted its position in iShares Russell 2500 ETF by 5.1% in the 4th quarter. Sfmg LLC now owns 4,862 shares of the company’s stock valued at $364,000 after buying an additional 238 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in iShares Russell 2500 ETF by 7.7% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 27,600 shares of the company’s stock valued at $2,068,000 after buying an additional 1,976 shares during the last quarter. Finally, Huntington National Bank boosted its position in iShares Russell 2500 ETF by 4.0% in the 4th quarter. Huntington National Bank now owns 17,652 shares of the company’s stock valued at $1,323,000 after buying an additional 672 shares during the last quarter.

iShares Russell 2500 ETF Stock Performance

Shares of SMMD opened at $86.35 on Monday. The firm has a market capitalization of $1.85 billion, a price-to-earnings ratio of 19.95 and a beta of 1.09. The business’s fifty day moving average price is $83.73 and its two-hundred day moving average price is $79.82. iShares Russell 2500 ETF has a 52 week low of $65.34 and a 52 week high of $89.26.

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.