Brown Brothers Harriman & Co. boosted its stake in iShares Russell 2500 ETF (BATS:SMMD – Free Report) by 1,718.2% during the second quarter, Holdings Channel.com reports. The firm owned 7,491 shares of the company’s stock after buying an additional 7,079 shares during the period. Brown Brothers Harriman & Co.’s holdings in iShares Russell 2500 ETF were worth $469,000 at the end of the most recent quarter.
A number of other large investors have also bought and sold shares of SMMD. Principal Financial Group Inc. increased its stake in iShares Russell 2500 ETF by 11.6% in the 4th quarter. Principal Financial Group Inc. now owns 10,428 shares of the company’s stock worth $642,000 after purchasing an additional 1,088 shares during the period. Janney Montgomery Scott LLC grew its position in shares of iShares Russell 2500 ETF by 2.9% in the 4th quarter. Janney Montgomery Scott LLC now owns 51,618 shares of the company’s stock worth $3,178,000 after buying an additional 1,442 shares during the last quarter. UBS Group AG grew its position in shares of iShares Russell 2500 ETF by 41.1% in the 4th quarter. UBS Group AG now owns 147,947 shares of the company’s stock worth $9,109,000 after buying an additional 43,061 shares during the last quarter. Corient Private Wealth LLC grew its position in shares of iShares Russell 2500 ETF by 51.7% in the 4th quarter. Corient Private Wealth LLC now owns 65,255 shares of the company’s stock worth $4,018,000 after buying an additional 22,239 shares during the last quarter. Finally, US Bancorp DE grew its position in shares of iShares Russell 2500 ETF by 16.6% in the 4th quarter. US Bancorp DE now owns 294,360 shares of the company’s stock worth $18,124,000 after buying an additional 41,847 shares during the last quarter.
iShares Russell 2500 ETF Stock Performance
Shares of SMMD stock opened at $66.96 on Wednesday. The firm has a market cap of $1.14 billion, a P/E ratio of 15.31 and a beta of 1.15. iShares Russell 2500 ETF has a fifty-two week low of $38.91 and a fifty-two week high of $45.72. The business’s 50 day moving average price is $65.23 and its 200-day moving average price is $63.84.
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.
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