24,009 Shares in iShares Russell 2500 ETF $SMMD Purchased by M Holdings Securities Inc.

M Holdings Securities Inc. acquired a new stake in iShares Russell 2500 ETF (BATS:SMMD) during the second quarter, according to its most recent 13F filing with the SEC. The fund acquired 24,009 shares of the company’s stock, valued at approximately $2,200,000. M Holdings Securities Inc. owned 0.11% of iShares Russell 2500 ETF as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Royal Bank of Canada raised its position in shares of 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 period. Jane Street Group LLC boosted its holdings in iShares Russell 2500 ETF by 1,288.2% in the 1st quarter. Jane Street Group LLC now owns 77,005 shares of the company’s stock worth $4,816,000 after buying an additional 71,458 shares during the period. Russell Investments Group Ltd. bought a new position in iShares Russell 2500 ETF in the 2nd quarter worth approximately $82,000. Baird Financial Group Inc. boosted its holdings in iShares Russell 2500 ETF by 2.5% in the 2nd quarter. Baird Financial Group Inc. now owns 46,169 shares of the company’s stock worth $3,129,000 after buying an additional 1,115 shares during the period. Finally, NewEdge Advisors LLC grew its stake in iShares Russell 2500 ETF by 299.7% in the 2nd quarter. NewEdge Advisors LLC now owns 6,304 shares of the company’s stock valued at $427,000 after buying an additional 4,727 shares in the last quarter.

iShares Russell 2500 ETF Price Performance

Shares of SMMD stock opened at $90.71 on Monday. The company’s fifty day simple moving average is $90.80 and its two-hundred day simple moving average is $85.49. iShares Russell 2500 ETF has a 1 year low of $69.94 and a 1 year high of $93.42. The stock has a market capitalization of $1.95 billion, a price-to-earnings ratio of 19.95 and a beta of 1.09.

iShares Russell 2500 ETF Company 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.