Brooklyn FI LLC Makes New Investment in iShares Russell 2500 ETF $SMMD

Brooklyn FI LLC bought a new position in shares of iShares Russell 2500 ETF (BATS:SMMD) in the third quarter, HoldingsChannel.com reports. The institutional investor bought 20,083 shares of the company’s stock, valued at approximately $1,769,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Glenmede Trust Co. NA lifted its holdings in shares of iShares Russell 2500 ETF by 12.1% in the first quarter. Glenmede Trust Co. NA now owns 4,413,593 shares of the company’s stock valued at $336,978,000 after purchasing an additional 475,969 shares in the last quarter. Gerber Kawasaki Wealth & Investment Management acquired a new position in shares of iShares Russell 2500 ETF during the third quarter worth about $47,502,000. Diesslin Group Inc. grew its holdings in shares of iShares Russell 2500 ETF by 20.5% during the second quarter. Diesslin Group Inc. now owns 351,000 shares of the company’s stock worth $32,162,000 after buying an additional 59,807 shares in the last quarter. CWA Asset Management Group LLC bought a new position in shares of iShares Russell 2500 ETF during the third quarter worth about $19,964,000. Finally, Ulrich Consultants & Investment Group LLC bought a new position in shares of iShares Russell 2500 ETF during the third quarter worth about $17,207,000.

iShares Russell 2500 ETF Stock Performance

Shares of iShares Russell 2500 ETF stock opened at $87.38 on Wednesday. The business’s 50 day simple moving average is $86.92 and its 200 day simple moving average is $85.54. iShares Russell 2500 ETF has a 52-week low of $69.94 and a 52-week high of $93.42. The firm has a market cap of $4.23 billion, a PE ratio of 17.09 and a beta of 1.10.

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.