iShares Russell 2500 ETF $SMMD Shares Bought by Harbor Capital Advisors Inc.

Harbor Capital Advisors Inc. grew its holdings in iShares Russell 2500 ETF (BATS:SMMD) by 9.4% during the fourth quarter, HoldingsChannel.com reports. The fund owned 111,580 shares of the company’s stock after purchasing an additional 9,587 shares during the quarter. iShares Russell 2500 ETF makes up about 0.6% of Harbor Capital Advisors Inc.’s portfolio, making the stock its 17th biggest holding. Harbor Capital Advisors Inc.’s holdings in iShares Russell 2500 ETF were worth $8,362,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Glenmede Investment Management LP boosted its position in iShares Russell 2500 ETF by 16.2% during 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 during the period. Gerber Kawasaki Wealth & Investment Management raised its position in iShares Russell 2500 ETF by 283.1% in the third quarter. Gerber Kawasaki Wealth & Investment Management now owns 443,973 shares of the company’s stock valued at $32,734,000 after purchasing an additional 328,098 shares during the period. Osaic Holdings Inc. lifted its stake in shares of iShares Russell 2500 ETF by 199.9% during the second quarter. Osaic Holdings Inc. now owns 280,032 shares of the company’s stock worth $18,974,000 after purchasing an additional 186,649 shares in the last quarter. Congress Asset Management Co. lifted its stake in shares of iShares Russell 2500 ETF by 112.0% during the fourth quarter. Congress Asset Management Co. now owns 240,169 shares of the company’s stock worth $17,998,000 after purchasing an additional 126,878 shares in the last quarter. Finally, Bank of America Corp DE boosted its position in shares of iShares Russell 2500 ETF by 12.2% in the third quarter. Bank of America Corp DE now owns 916,251 shares of the company’s stock worth $67,555,000 after buying an additional 99,752 shares during the period.

iShares Russell 2500 ETF Price Performance

Shares of BATS SMMD opened at $77.49 on Friday. iShares Russell 2500 ETF has a 1-year low of $53.81 and a 1-year high of $82.05. The company has a market capitalization of $1.66 billion, a price-to-earnings ratio of 19.95 and a beta of 1.09. The business has a 50-day moving average of $78.71 and a 200-day moving average of $76.42.

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.