30,637 Shares in iShares Russell 2500 ETF $SMMD Bought by Centerpoint Advisors LLC

Centerpoint Advisors LLC bought a new position in shares of iShares Russell 2500 ETF (BATS:SMMD) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 30,637 shares of the company’s stock, valued at approximately $2,077,000. iShares Russell 2500 ETF comprises 0.7% of Centerpoint Advisors LLC’s portfolio, making the stock its 22nd biggest position. Centerpoint Advisors LLC owned about 0.14% of iShares Russell 2500 ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Rossby Financial LCC boosted its position in shares of iShares Russell 2500 ETF by 10.3% during the second quarter. Rossby Financial LCC now owns 92,198 shares of the company’s stock worth $6,249,000 after acquiring an additional 8,591 shares during the last quarter. Bessemer Group Inc. bought a new position in shares of iShares Russell 2500 ETF during the second quarter worth $178,000. First Command Advisory Services Inc. bought a new position in shares of iShares Russell 2500 ETF during the second quarter worth $44,000. Envestnet Asset Management Inc. boosted its position in shares of iShares Russell 2500 ETF by 1.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 256,516 shares of the company’s stock valued at $17,387,000 after acquiring an additional 4,723 shares during the last quarter. Finally, AlTi Global Inc. boosted its position in shares of iShares Russell 2500 ETF by 461.1% during the 2nd quarter. AlTi Global Inc. now owns 32,787 shares of the company’s stock valued at $2,255,000 after acquiring an additional 26,944 shares during the last quarter.

iShares Russell 2500 ETF Stock Performance

BATS SMMD opened at $75.63 on Tuesday. The company has a market capitalization of $1.62 billion, a P/E ratio of 19.95 and a beta of 1.09. iShares Russell 2500 ETF has a one year low of $53.81 and a one year high of $74.66. The stock has a 50 day moving average price of $73.51 and a 200-day moving average price of $68.65.

About iShares Russell 2500 ETF

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.