Fmr LLC Acquires 210,399 Shares of iShares Russell 2500 ETF (BATS:SMMD)

Fmr LLC increased its holdings in iShares Russell 2500 ETF (BATS:SMMD) by 41.5% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 717,116 shares of the company’s stock after buying an additional 210,399 shares during the period. Fmr LLC owned about 4.22% of iShares Russell 2500 ETF worth $48,570,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of the stock. D.A. Davidson & CO. boosted its position in iShares Russell 2500 ETF by 5.2% during the third quarter. D.A. Davidson & CO. now owns 4,553 shares of the company’s stock valued at $308,000 after purchasing an additional 225 shares in the last quarter. SevenBridge Financial Group LLC boosted its holdings in shares of iShares Russell 2500 ETF by 8.3% in the 3rd quarter. SevenBridge Financial Group LLC now owns 9,973 shares of the company’s stock valued at $729,000 after buying an additional 761 shares in the last quarter. Pitcairn Co. bought a new position in shares of iShares Russell 2500 ETF during the 3rd quarter worth approximately $244,000. Citizens Financial Group Inc. RI bought a new position in shares of iShares Russell 2500 ETF during the 3rd quarter worth approximately $254,000. Finally, Moran Wealth Management LLC purchased a new stake in iShares Russell 2500 ETF during the third quarter valued at approximately $680,000.

iShares Russell 2500 ETF Stock Performance

Shares of SMMD opened at $72.97 on Friday. The firm has a market cap of $1.24 billion, a PE ratio of 15.31 and a beta of 1.15. iShares Russell 2500 ETF has a 12 month low of $38.91 and a 12 month high of $45.72. The stock has a fifty day moving average price of $69.94 and a 200-day moving average price of $66.38.

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.