BBR Partners LLC Takes Position in iShares Russell 2500 ETF $SMMD

BBR Partners LLC acquired a new stake in iShares Russell 2500 ETF (BATS:SMMD) during the 2nd quarter, Holdings Channel reports. The fund acquired 11,206 shares of the company’s stock, valued at approximately $760,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. First Command Advisory Services Inc. bought a new stake in shares of iShares Russell 2500 ETF during the second quarter worth $44,000. Russell Investments Group Ltd. bought a new stake in iShares Russell 2500 ETF during the 2nd quarter worth $82,000. Allspring Global Investments Holdings LLC increased its holdings in iShares Russell 2500 ETF by 27.8% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 1,269 shares of the company’s stock worth $87,000 after purchasing an additional 276 shares in the last quarter. Comerica Bank raised its position in iShares Russell 2500 ETF by 12.1% in the first quarter. Comerica Bank now owns 1,703 shares of the company’s stock valued at $107,000 after purchasing an additional 184 shares during the last quarter. Finally, Fairman Group LLC raised its position in iShares Russell 2500 ETF by 634.1% in the second quarter. Fairman Group LLC now owns 1,637 shares of the company’s stock valued at $111,000 after purchasing an additional 1,414 shares during the last quarter.

iShares Russell 2500 ETF Trading Up 12.1%

BATS:SMMD opened at $76.58 on Friday. The stock’s 50-day moving average is $74.11 and its 200-day moving average is $71.43. The stock has a market cap of $1.64 billion, a P/E ratio of 19.95 and a beta of 1.09. iShares Russell 2500 ETF has a 1-year low of $53.81 and a 1-year high of $74.66.

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.