Corient Private Wealth LLC Buys New Stake in iShares Russell 2500 ETF $SMMD

Corient Private Wealth LLC purchased a new position in shares of iShares Russell 2500 ETF (BATS:SMMD) during the fourth quarter, Holdings Channel.com reports. The fund purchased 15,519 shares of the company’s stock, valued at approximately $1,163,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Glenmede Investment Management LP increased its holdings 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 valued at $251,026,000 after buying an additional 473,942 shares in the last quarter. Bank of America Corp DE raised its holdings in iShares Russell 2500 ETF by 12.2% in the 3rd quarter. Bank of America Corp DE now owns 916,251 shares of the company’s stock worth $67,555,000 after purchasing an additional 99,752 shares during the period. Focus Partners Wealth boosted its position in 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 purchasing an additional 262,684 shares in the last quarter. CENTRAL TRUST Co boosted its position in iShares Russell 2500 ETF by 7.8% during the fourth quarter. CENTRAL TRUST Co now owns 747,385 shares of the company’s stock worth $56,009,000 after purchasing an additional 54,284 shares in the last quarter. Finally, Cresset Asset Management LLC grew its holdings in iShares Russell 2500 ETF by 0.8% in the third quarter. Cresset Asset Management LLC now owns 608,949 shares of the company’s stock valued at $44,898,000 after purchasing an additional 5,125 shares during the period.

iShares Russell 2500 ETF Price Performance

iShares Russell 2500 ETF stock opened at $91.02 on Thursday. The stock has a market capitalization of $1.95 billion, a PE ratio of 19.95 and a beta of 1.09. iShares Russell 2500 ETF has a 12 month low of $66.96 and a 12 month high of $92.07. The business has a 50 day simple moving average of $87.46 and a 200-day simple moving average of $81.76.

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.