Thayer Financial L.L.C. acquired a new stake in shares of iShares Russell 2500 ETF (BATS:SMMD – Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 8,766 shares of the company’s stock, valued at approximately $753,000. iShares Russell 2500 ETF comprises approximately 0.7% of Thayer Financial L.L.C.’s investment portfolio, making the stock its 18th largest position.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SMMD. Glenmede Trust Co. NA grew its position in iShares Russell 2500 ETF by 12.1% in the 1st quarter. Glenmede Trust Co. NA now owns 4,413,593 shares of the company’s stock worth $336,978,000 after purchasing an additional 475,969 shares during the period. Fifth Third Bancorp raised its stake in iShares Russell 2500 ETF by 485.3% during the 1st quarter. Fifth Third Bancorp now owns 3,058,941 shares of the company’s stock valued at $233,550,000 after buying an additional 2,536,353 shares during the last quarter. CENTRAL TRUST Co lifted its holdings in shares of iShares Russell 2500 ETF by 27.1% during the 1st quarter. CENTRAL TRUST Co now owns 949,678 shares of the company’s stock valued at $72,508,000 after buying an additional 202,293 shares during the period. Diesslin Group Inc. lifted its holdings in shares of iShares Russell 2500 ETF by 20.5% during the 2nd quarter. Diesslin Group Inc. now owns 351,000 shares of the company’s stock valued at $32,162,000 after buying an additional 59,807 shares during the period. Finally, CWA Asset Management Group LLC bought a new position in shares of iShares Russell 2500 ETF during the 3rd quarter valued at $19,964,000.
iShares Russell 2500 ETF Price Performance
SMMD stock opened at $85.81 on Wednesday. The company has a market cap of $1.84 billion, a P/E ratio of 19.95 and a beta of 1.09. iShares Russell 2500 ETF has a 1 year low of $69.94 and a 1 year high of $93.42. The stock’s fifty day moving average price is $88.50 and its 200-day moving average price is $87.79.
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.
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