Blue Trust Inc. Decreases Stake in iShares Russell 2500 ETF $SMMD

Blue Trust Inc. lessened its position in shares of iShares Russell 2500 ETF (BATS:SMMD) by 47.2% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,384 shares of the company’s stock after selling 14,620 shares during the quarter. Blue Trust Inc.’s holdings in iShares Russell 2500 ETF were worth $1,251,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Glenmede Investment Management LP grew its position in iShares Russell 2500 ETF by 16.2% in the third quarter. Glenmede Investment Management LP now owns 3,404,659 shares of the company’s stock worth $251,026,000 after acquiring an additional 473,942 shares in the last quarter. Gerber Kawasaki Wealth & Investment Management raised its position in iShares Russell 2500 ETF by 283.1% during the third quarter. Gerber Kawasaki Wealth & Investment Management now owns 443,973 shares of the company’s stock valued at $32,734,000 after purchasing an additional 328,098 shares during the period. Blair William & Co. IL raised its position in iShares Russell 2500 ETF by 156.7% during the fourth quarter. Blair William & Co. IL now owns 479,957 shares of the company’s stock valued at $35,968,000 after purchasing an additional 292,966 shares during the period. Focus Partners Wealth lifted its stake in shares of iShares Russell 2500 ETF by 53.0% in the 4th quarter. Focus Partners Wealth now owns 757,995 shares of the company’s stock valued at $56,804,000 after purchasing an additional 262,684 shares during the last quarter. Finally, CENTRAL TRUST Co lifted its stake in shares of iShares Russell 2500 ETF by 27.1% in the 1st quarter. CENTRAL TRUST Co now owns 949,678 shares of the company’s stock valued at $72,508,000 after purchasing an additional 202,293 shares during the last quarter.

iShares Russell 2500 ETF Stock Down 0.4%

Shares of SMMD opened at $90.92 on Friday. The company has a market cap of $1.95 billion, a PE ratio of 19.95 and a beta of 1.09. The business has a fifty day moving average of $87.02 and a 200 day moving average of $81.41. iShares Russell 2500 ETF has a 52-week low of $66.96 and a 52-week high of $91.81.

iShares Russell 2500 ETF Company 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.