Bridges Investment Management Inc. Buys New Shares in iShares Russell 2500 ETF (BATS:SMMD)

Bridges Investment Management Inc. bought a new stake in iShares Russell 2500 ETF (BATS:SMMD) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 5,860 shares of the company’s stock, valued at approximately $398,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Fort Washington Investment Advisors Inc. OH increased its position in shares of iShares Russell 2500 ETF by 45.7% in the fourth quarter. Fort Washington Investment Advisors Inc. OH now owns 1,363,980 shares of the company’s stock valued at $92,751,000 after acquiring an additional 427,780 shares during the last quarter. FMR LLC increased its position in shares of iShares Russell 2500 ETF by 41.5% in the third quarter. FMR LLC now owns 717,116 shares of the company’s stock valued at $48,570,000 after acquiring an additional 210,399 shares during the last quarter. Kestra Investment Management LLC increased its position in shares of iShares Russell 2500 ETF by 66.5% in the fourth quarter. Kestra Investment Management LLC now owns 549,769 shares of the company’s stock valued at $37,384,000 after acquiring an additional 219,514 shares during the last quarter. Wealthspire Advisors LLC increased its position in shares of iShares Russell 2500 ETF by 10.0% in the fourth quarter. Wealthspire Advisors LLC now owns 469,382 shares of the company’s stock valued at $31,918,000 after acquiring an additional 42,569 shares during the last quarter. Finally, CENTRAL TRUST Co increased its position in shares of iShares Russell 2500 ETF by 34.6% in the fourth quarter. CENTRAL TRUST Co now owns 446,550 shares of the company’s stock valued at $30,365,000 after acquiring an additional 114,904 shares during the last quarter.

iShares Russell 2500 ETF Stock Performance

BATS:SMMD opened at $65.29 on Tuesday. iShares Russell 2500 ETF has a 52-week low of $38.91 and a 52-week high of $45.72. The company has a market cap of $1.34 billion, a P/E ratio of 18.41 and a beta of 1.17. The stock’s 50-day simple moving average is $69.13 and its 200 day simple moving average is $68.89.

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.