Altman Advisors Inc. Acquires New Stake in iShares Russell 2500 ETF (BATS:SMMD)

Altman Advisors Inc. purchased a new stake in shares of iShares Russell 2500 ETF (BATS:SMMD) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 4,855 shares of the company’s stock, valued at approximately $329,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in SMMD. Fifth Third Bancorp raised its stake in iShares Russell 2500 ETF by 4.0% in the 2nd quarter. Fifth Third Bancorp now owns 563,524 shares of the company’s stock worth $35,277,000 after acquiring an additional 21,891 shares during the last quarter. Fort Washington Investment Advisors Inc. OH purchased a new position in shares of iShares Russell 2500 ETF during the 2nd quarter valued at about $30,424,000. CENTRAL TRUST Co lifted its holdings in shares of iShares Russell 2500 ETF by 14.8% in the 3rd quarter. CENTRAL TRUST Co now owns 331,646 shares of the company’s stock valued at $22,462,000 after buying an additional 42,840 shares during the period. Kestra Investment Management LLC purchased a new stake in shares of iShares Russell 2500 ETF in the second quarter worth about $18,279,000. Finally, Advisory Resource Group grew its holdings in iShares Russell 2500 ETF by 6.9% during the second quarter. Advisory Resource Group now owns 246,515 shares of the company’s stock worth $15,432,000 after acquiring an additional 16,006 shares during the period.

iShares Russell 2500 ETF Trading Up 0.4 %

iShares Russell 2500 ETF stock traded up $0.30 during mid-day trading on Wednesday, hitting $70.44. The company had a trading volume of 214,794 shares. The company has a market capitalization of $1.20 billion, a price-to-earnings ratio of 15.31 and a beta of 1.15. The company’s fifty day moving average is $68.31 and its 200-day moving average is $65.58. iShares Russell 2500 ETF has a 12-month low of $38.91 and a 12-month high of $45.72.

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.