Jane Street Group LLC Has $661,000 Position in iShares Russell 2500 ETF (BATS:SMMD)

Jane Street Group LLC trimmed its stake in shares of iShares Russell 2500 ETF (BATS:SMMD) by 78.6% in the third quarter, Holdings Channel.com reports. The firm owned 9,753 shares of the company’s stock after selling 35,918 shares during the quarter. Jane Street Group LLC’s holdings in iShares Russell 2500 ETF were worth $661,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. First Heartland Consultants Inc. acquired a new stake in shares of iShares Russell 2500 ETF during the 3rd quarter valued at $201,000. IHT Wealth Management LLC bought a new stake in shares of iShares Russell 2500 ETF during the third quarter worth about $200,000. Lindbrook Capital LLC acquired a new position in shares of iShares Russell 2500 ETF in the third quarter valued at approximately $227,000. Pitcairn Co. bought a new position in iShares Russell 2500 ETF in the 3rd quarter valued at approximately $244,000. Finally, Citizens Financial Group Inc. RI acquired a new stake in iShares Russell 2500 ETF during the 3rd quarter worth approximately $254,000.

iShares Russell 2500 ETF Stock Performance

Shares of BATS SMMD opened at $68.85 on Friday. The stock has a market cap of $1.17 billion, a P/E ratio of 15.31 and a beta of 1.15. The firm has a 50 day moving average price of $70.68 and a two-hundred day moving average price of $67.28. iShares Russell 2500 ETF has a 52-week low of $38.91 and a 52-week high of $45.72.

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.