Kovitz Investment Group Partners LLC Grows Position in iShares Russell 2500 ETF $SMMD

Kovitz Investment Group Partners LLC raised its position in iShares Russell 2500 ETF (BATS:SMMD) by 6.9% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 252,256 shares of the company’s stock after acquiring an additional 16,212 shares during the quarter. Kovitz Investment Group Partners LLC owned approximately 1.18% of iShares Russell 2500 ETF worth $18,599,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. First Command Advisory Services Inc. acquired a new stake in shares of iShares Russell 2500 ETF in the 2nd quarter valued at $44,000. New Republic Capital LLC acquired a new position in shares of iShares Russell 2500 ETF during the third quarter worth $71,000. Russell Investments Group Ltd. purchased a new position in iShares Russell 2500 ETF in the second quarter valued at $82,000. Allspring Global Investments Holdings LLC increased its holdings in iShares Russell 2500 ETF by 27.8% in the second quarter. Allspring Global Investments Holdings LLC now owns 1,269 shares of the company’s stock valued at $87,000 after buying an additional 276 shares during the last quarter. Finally, Cornerstone Planning Group LLC raised its stake in iShares Russell 2500 ETF by 15.5% in the third quarter. Cornerstone Planning Group LLC now owns 1,397 shares of the company’s stock valued at $103,000 after buying an additional 187 shares in the last quarter.

iShares Russell 2500 ETF Price Performance

Shares of BATS SMMD opened at $81.28 on Monday. The business has a 50-day moving average of $78.68 and a two-hundred day moving average of $75.27. The company has a market capitalization of $1.74 billion, a price-to-earnings ratio of 19.95 and a beta of 1.09. iShares Russell 2500 ETF has a 1 year low of $53.81 and a 1 year high of $82.05.

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.