Northwestern Mutual Wealth Management Co. boosted its holdings in iShares Russell 2500 ETF (BATS:SMMD – Free Report) by 272.0% during the 2nd quarter, Holdings Channel reports. The fund owned 4,092 shares of the company’s stock after acquiring an additional 2,992 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in iShares Russell 2500 ETF were worth $256,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds have also recently added to or reduced their stakes in SMMD. Eagle Bay Advisors LLC grew its stake in shares of iShares Russell 2500 ETF by 45.8% in the first quarter. Eagle Bay Advisors LLC now owns 573 shares of the company’s stock worth $38,000 after purchasing an additional 180 shares in the last quarter. ORG Partners LLC bought a new position in iShares Russell 2500 ETF in the 2nd quarter valued at about $47,000. EverSource Wealth Advisors LLC acquired a new position in iShares Russell 2500 ETF during the 1st quarter valued at about $105,000. 1620 Investment Advisors Inc. bought a new stake in shares of iShares Russell 2500 ETF during the 2nd quarter worth about $146,000. Finally, Carmichael Hill & Associates Inc. lifted its stake in shares of iShares Russell 2500 ETF by 8.1% in the 2nd quarter. Carmichael Hill & Associates Inc. now owns 2,369 shares of the company’s stock worth $148,000 after acquiring an additional 178 shares during the period.
iShares Russell 2500 ETF Price Performance
iShares Russell 2500 ETF stock opened at $67.45 on Thursday. iShares Russell 2500 ETF has a 12-month low of $38.91 and a 12-month high of $45.72. The stock has a market capitalization of $1.15 billion, a PE ratio of 15.31 and a beta of 1.15. The firm has a 50 day simple moving average of $65.70 and a 200-day simple moving average of $64.23.
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.
Featured Articles
- Five stocks we like better than iShares Russell 2500 ETF
- What Are Dividend Champions? How to Invest in the Champions
- 3 Momentum Trades for October With Ample Upside Ahead
- Health Care Stocks Explained: Why You Might Want to Invest
- Roblox Dips on Short Report—Here’s Why It Could Bounce Back Fast
- The How And Why of Investing in Oil Stocks
- 2 Reasons to Jump on Apple Stock Now and 1 Reason to Think Twice
Want to see what other hedge funds are holding SMMD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Russell 2500 ETF (BATS:SMMD – Free Report).
Receive News & Ratings for iShares Russell 2500 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Russell 2500 ETF and related companies with MarketBeat.com's FREE daily email newsletter.
