iShares Russell 2500 ETF $SMMD Stock Position Increased by Kendall Capital Management

Kendall Capital Management boosted its stake in shares of iShares Russell 2500 ETF (BATS:SMMD) by 6.5% in the fourth quarter, Holdings Channel reports. The institutional investor owned 352,861 shares of the company’s stock after purchasing an additional 21,564 shares during the period. iShares Russell 2500 ETF accounts for approximately 5.5% of Kendall Capital Management’s portfolio, making the stock its biggest position. Kendall Capital Management’s holdings in iShares Russell 2500 ETF were worth $26,443,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Catalyst Financial Partners LLC increased its holdings in shares of iShares Russell 2500 ETF by 7.9% during the third quarter. Catalyst Financial Partners LLC now owns 95,148 shares of the company’s stock valued at $7,015,000 after acquiring an additional 6,965 shares in the last quarter. Glenmede Investment Management LP boosted its stake in iShares Russell 2500 ETF by 16.2% in the 3rd quarter. Glenmede Investment Management LP now owns 3,404,659 shares of the company’s stock worth $251,026,000 after purchasing an additional 473,942 shares in the last quarter. Trek Financial LLC boosted its stake in iShares Russell 2500 ETF by 24.0% in the 2nd quarter. Trek Financial LLC now owns 35,916 shares of the company’s stock worth $2,434,000 after purchasing an additional 6,953 shares in the last quarter. Truist Financial Corp grew its position in iShares Russell 2500 ETF by 7.1% during the 3rd quarter. Truist Financial Corp now owns 198,614 shares of the company’s stock valued at $14,644,000 after purchasing an additional 13,120 shares during the last quarter. Finally, SigFig Wealth Management LLC grew its position in iShares Russell 2500 ETF by 16.3% during the 3rd quarter. SigFig Wealth Management LLC now owns 110,496 shares of the company’s stock valued at $8,136,000 after purchasing an additional 15,448 shares during the last quarter.

iShares Russell 2500 ETF Stock Performance

BATS:SMMD opened at $77.49 on Friday. The firm has a market cap of $1.66 billion, a P/E ratio of 19.95 and a beta of 1.09. iShares Russell 2500 ETF has a fifty-two week low of $53.81 and a fifty-two week high of $82.05. The firm has a 50-day simple moving average of $78.76 and a two-hundred day simple moving average of $76.40.

About iShares Russell 2500 ETF

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.