iShares Russell 2500 ETF (BATS:SMMD) Shares Purchased by Congress Asset Management Co. MA

Congress Asset Management Co. MA boosted its holdings in iShares Russell 2500 ETF (BATS:SMMD) by 196.7% during the fourth quarter, Holdings Channel reports. The institutional investor owned 84,907 shares of the company’s stock after buying an additional 56,290 shares during the period. Congress Asset Management Co. MA’s holdings in iShares Russell 2500 ETF were worth $5,228,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SMMD. Citigroup Inc. grew its holdings in iShares Russell 2500 ETF by 11,262.5% in the third quarter. Citigroup Inc. now owns 909 shares of the company’s stock valued at $50,000 after purchasing an additional 901 shares during the period. IAG Wealth Partners LLC purchased a new stake in shares of iShares Russell 2500 ETF during the 4th quarter valued at $88,000. Parallel Advisors LLC increased its holdings in shares of iShares Russell 2500 ETF by 810.7% during the 4th quarter. Parallel Advisors LLC now owns 2,213 shares of the company’s stock worth $136,000 after buying an additional 1,970 shares during the last quarter. Tompkins Financial Corp purchased a new position in shares of iShares Russell 2500 ETF in the 4th quarter worth $151,000. Finally, Capital Analysts LLC acquired a new position in iShares Russell 2500 ETF in the fourth quarter valued at $151,000.

iShares Russell 2500 ETF Price Performance

iShares Russell 2500 ETF stock opened at $62.19 on Tuesday. iShares Russell 2500 ETF has a 12 month low of $38.91 and a 12 month high of $45.72. The company has a market cap of $1.06 billion, a price-to-earnings ratio of 15.31 and a beta of 1.15. The stock’s 50-day moving average is $62.86 and its 200-day moving average is $62.03.

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.