iShares Russell 2500 ETF $SMMD is Diesslin Group Inc.’s 4th Largest Position

Diesslin Group Inc. boosted its stake in iShares Russell 2500 ETF (BATS:SMMD) by 20.5% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 351,000 shares of the company’s stock after purchasing an additional 59,807 shares during the quarter. iShares Russell 2500 ETF comprises approximately 12.4% of Diesslin Group Inc.’s portfolio, making the stock its 4th biggest holding. Diesslin Group Inc. owned approximately 1.64% of iShares Russell 2500 ETF worth $32,162,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the company. Royal Bank of Canada lifted its position in iShares Russell 2500 ETF by 12.0% in the first quarter. Royal Bank of Canada now owns 58,273 shares of the company’s stock valued at $3,644,000 after purchasing an additional 6,223 shares during the last quarter. Jane Street Group LLC boosted its holdings in shares of iShares Russell 2500 ETF by 1,288.2% during the 1st quarter. Jane Street Group LLC now owns 77,005 shares of the company’s stock valued at $4,816,000 after buying an additional 71,458 shares in the last quarter. Russell Investments Group Ltd. purchased a new stake in iShares Russell 2500 ETF in the second quarter worth about $82,000. Baird Financial Group Inc. boosted its holdings in iShares Russell 2500 ETF by 2.5% in the second quarter. Baird Financial Group Inc. now owns 46,169 shares of the company’s stock worth $3,129,000 after acquiring an additional 1,115 shares in the last quarter. Finally, NewEdge Advisors LLC increased its holdings in shares of iShares Russell 2500 ETF by 299.7% during the second quarter. NewEdge Advisors LLC now owns 6,304 shares of the company’s stock valued at $427,000 after acquiring an additional 4,727 shares in the last quarter.

iShares Russell 2500 ETF Price Performance

Shares of iShares Russell 2500 ETF stock opened at $90.60 on Tuesday. The firm’s 50-day moving average is $89.50 and its 200 day moving average is $83.88. The stock has a market cap of $1.94 billion, a price-to-earnings ratio of 19.95 and a beta of 1.09. iShares Russell 2500 ETF has a 1 year low of $68.24 and a 1 year high of $92.07.

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.