iShares Russell 2500 ETF (BATS:SMMD) is Kendall Capital Management’s Largest Position

Kendall Capital Management increased its position in shares of iShares Russell 2500 ETF (BATS:SMMD) by 6.7% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 167,949 shares of the company’s stock after buying an additional 10,594 shares during the period. iShares Russell 2500 ETF comprises about 3.5% of Kendall Capital Management’s portfolio, making the stock its biggest position. Kendall Capital Management owned 0.99% of iShares Russell 2500 ETF worth $10,514,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in SMMD. Principal Financial Group Inc. raised its stake in iShares Russell 2500 ETF by 11.6% in the fourth quarter. Principal Financial Group Inc. now owns 10,428 shares of the company’s stock valued at $642,000 after buying an additional 1,088 shares in the last quarter. Janney Montgomery Scott LLC raised its position in shares of iShares Russell 2500 ETF by 2.9% during the 4th quarter. Janney Montgomery Scott LLC now owns 51,618 shares of the company’s stock worth $3,178,000 after acquiring an additional 1,442 shares in the last quarter. UBS Group AG lifted its stake in iShares Russell 2500 ETF by 41.1% during the fourth quarter. UBS Group AG now owns 147,947 shares of the company’s stock worth $9,109,000 after purchasing an additional 43,061 shares during the last quarter. Corient Private Wealth LLC boosted its holdings in iShares Russell 2500 ETF by 51.7% in the fourth quarter. Corient Private Wealth LLC now owns 65,255 shares of the company’s stock valued at $4,018,000 after purchasing an additional 22,239 shares in the last quarter. Finally, US Bancorp DE increased its stake in iShares Russell 2500 ETF by 16.6% in the fourth quarter. US Bancorp DE now owns 294,360 shares of the company’s stock valued at $18,124,000 after purchasing an additional 41,847 shares during the last quarter.

iShares Russell 2500 ETF Trading Up 0.1 %

Shares of BATS:SMMD opened at $67.03 on Thursday. The firm has a 50 day simple moving average of $65.32 and a 200-day simple moving average of $63.87. iShares Russell 2500 ETF has a twelve month low of $38.91 and a twelve month high of $45.72. The company has a market capitalization of $1.14 billion, a PE ratio of 15.31 and a beta of 1.15.

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.