Whittier Trust Co. Boosts Stock Position in iShares Russell 2500 ETF (BATS:SMMD)

Whittier Trust Co. increased its stake in iShares Russell 2500 ETF (BATS:SMMD) by 4.6% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 7,984 shares of the company’s stock after purchasing an additional 351 shares during the quarter. Whittier Trust Co.’s holdings in iShares Russell 2500 ETF were worth $500,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Eagle Bay Advisors LLC boosted its holdings in shares of iShares Russell 2500 ETF by 45.8% in the 1st quarter. Eagle Bay Advisors LLC now owns 573 shares of the company’s stock worth $38,000 after purchasing an additional 180 shares in the last quarter. One Capital Management LLC raised its holdings in iShares Russell 2500 ETF by 6.9% during the 4th quarter. One Capital Management LLC now owns 4,054 shares of the company’s stock valued at $250,000 after buying an additional 260 shares during the last quarter. Mayfair Advisory Group LLC grew its stake in shares of iShares Russell 2500 ETF by 5.9% in the first quarter. Mayfair Advisory Group LLC now owns 4,729 shares of the company’s stock worth $310,000 after purchasing an additional 263 shares during the last quarter. Catalytic Wealth RIA LLC grew its position in shares of iShares Russell 2500 ETF by 1.6% in the 1st quarter. Catalytic Wealth RIA LLC now owns 20,282 shares of the company’s stock worth $1,331,000 after buying an additional 325 shares during the last quarter. Finally, CX Institutional increased its position in shares of iShares Russell 2500 ETF by 2.7% during the second quarter. CX Institutional now owns 24,078 shares of the company’s stock valued at $1,507,000 after buying an additional 630 shares during the period.

iShares Russell 2500 ETF Stock Performance

Shares of SMMD traded down $0.38 on Thursday, reaching $66.29. The stock had a trading volume of 38,372 shares. iShares Russell 2500 ETF has a 12-month low of $38.91 and a 12-month high of $45.72. The firm has a market capitalization of $1.13 billion, a price-to-earnings ratio of 15.31 and a beta of 1.15. The company has a 50-day simple moving average of $64.30 and a 200-day simple moving average of $63.51.

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.