Bill Few Associates Inc. Makes New $719,000 Investment in iShares Russell 2500 ETF $SMMD

Bill Few Associates Inc. acquired a new position in shares of iShares Russell 2500 ETF (BATS:SMMD) in the third quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 8,413 shares of the company’s stock, valued at approximately $719,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Glenmede Trust Co. NA increased its position in shares of iShares Russell 2500 ETF by 12.1% during the first quarter. Glenmede Trust Co. NA now owns 4,413,593 shares of the company’s stock valued at $336,978,000 after acquiring an additional 475,969 shares during the last quarter. Fifth Third Bancorp lifted its stake in iShares Russell 2500 ETF by 485.3% during the first quarter. Fifth Third Bancorp now owns 3,058,941 shares of the company’s stock worth $233,550,000 after purchasing an additional 2,536,353 shares in the last quarter. CENTRAL TRUST Co boosted its position in shares of iShares Russell 2500 ETF by 27.1% during the first quarter. CENTRAL TRUST Co now owns 949,678 shares of the company’s stock worth $72,508,000 after buying an additional 202,293 shares during the period. Focus Partners Wealth boosted its position in shares of iShares Russell 2500 ETF by 53.0% during the fourth quarter. Focus Partners Wealth now owns 757,995 shares of the company’s stock worth $56,804,000 after buying an additional 262,684 shares during the period. Finally, Wealthspire Advisors LLC grew its stake in shares of iShares Russell 2500 ETF by 1.5% in the fourth quarter. Wealthspire Advisors LLC now owns 507,585 shares of the company’s stock valued at $38,038,000 after buying an additional 7,623 shares in the last quarter.

iShares Russell 2500 ETF Price Performance

Shares of SMMD stock traded up $0.33 on Friday, hitting $86.29. The stock had a trading volume of 304,710 shares, compared to its average volume of 322,046. The company’s 50 day moving average price is $89.48 and its 200-day moving average price is $87.26. iShares Russell 2500 ETF has a 1 year low of $69.94 and a 1 year high of $93.42. The firm has a market capitalization of $1.85 billion, a P/E ratio of 19.95 and a beta of 1.09.

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.