Guidance Capital Inc. Buys 47,402 Shares of iShares Russell 2500 ETF $SMMD

Guidance Capital Inc. purchased a new position in shares of iShares Russell 2500 ETF (BATS:SMMD) in the third quarter, HoldingsChannel reports. The institutional investor purchased 47,402 shares of the company’s stock, valued at approximately $4,114,000. iShares Russell 2500 ETF accounts for 0.9% of Guidance Capital Inc.’s portfolio, making the stock its 19th largest position.

Several other large investors have also recently added to or reduced their stakes in the stock. Glenmede Trust Co. NA increased its holdings in iShares Russell 2500 ETF by 12.1% in the 1st 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. Fifth Third Bancorp lifted its stake in shares of 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. 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. lifted its stake 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 purchasing an additional 59,807 shares in the last quarter. Finally, CWA Asset Management Group LLC purchased a new stake in shares of iShares Russell 2500 ETF in the third quarter worth about $19,964,000.

iShares Russell 2500 ETF Stock Up 0.5%

Shares of BATS SMMD traded up $0.43 on Friday, hitting $85.11. The company had a trading volume of 323,783 shares, compared to its average volume of 327,472. iShares Russell 2500 ETF has a 12-month low of $69.94 and a 12-month high of $93.42. The firm has a market capitalization of $1.83 billion, a P/E ratio of 19.95 and a beta of 1.09. The business has a 50 day moving average of $87.04 and a two-hundred day moving average of $85.47.

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.