US Bancorp DE Buys 29,413 Shares of iShares Russell 2500 ETF (BATS:SMMD)

US Bancorp DE boosted its stake in iShares Russell 2500 ETF (BATS:SMMD) by 10.0% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 323,773 shares of the company’s stock after acquiring an additional 29,413 shares during the period. US Bancorp DE owned 1.92% of iShares Russell 2500 ETF worth $21,243,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in SMMD. Truist Financial Corp boosted its holdings in shares of iShares Russell 2500 ETF by 40.2% during the 4th quarter. Truist Financial Corp now owns 344,208 shares of the company’s stock worth $21,193,000 after buying an additional 98,731 shares in the last quarter. Atria Wealth Solutions Inc. raised its position in shares of iShares Russell 2500 ETF by 4.3% during the fourth quarter. Atria Wealth Solutions Inc. now owns 57,235 shares of the company’s stock worth $3,524,000 after purchasing an additional 2,356 shares during the period. One Capital Management LLC raised its position in shares of iShares Russell 2500 ETF by 6.9% during the fourth quarter. One Capital Management LLC now owns 4,054 shares of the company’s stock worth $250,000 after purchasing an additional 260 shares during the period. IAG Wealth Partners LLC acquired a new position in shares of iShares Russell 2500 ETF during the fourth quarter worth approximately $88,000. Finally, International Assets Investment Management LLC acquired a new position in shares of iShares Russell 2500 ETF during the fourth quarter worth approximately $10,254,000.

iShares Russell 2500 ETF Stock Up 2.8 %

BATS SMMD traded up $1.85 on Wednesday, reaching $67.52. The company had a trading volume of 78,397 shares. iShares Russell 2500 ETF has a 52-week low of $38.91 and a 52-week high of $45.72. The stock has a market capitalization of $1.15 billion, a P/E ratio of 15.31 and a beta of 1.15. The company’s fifty day moving average is $63.24 and its 200 day moving average is $62.48.

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.