Johnson Investment Counsel Inc. Acquires 9,435 Shares of iShares Russell 2500 ETF (BATS:SMMD)

Johnson Investment Counsel Inc. increased its holdings in iShares Russell 2500 ETF (BATS:SMMD) by 51.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 27,651 shares of the company’s stock after acquiring an additional 9,435 shares during the period. Johnson Investment Counsel Inc. owned about 0.16% of iShares Russell 2500 ETF worth $1,880,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of SMMD. Fort Washington Investment Advisors Inc. OH grew its holdings 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 in the last quarter. Kestra Investment Management LLC grew its holdings in iShares Russell 2500 ETF by 66.5% during the fourth quarter. Kestra Investment Management LLC now owns 549,769 shares of the company’s stock valued at $37,384,000 after purchasing an additional 219,514 shares during the period. FMR LLC grew its holdings in iShares Russell 2500 ETF by 41.5% during the third quarter. FMR LLC now owns 717,116 shares of the company’s stock valued at $48,570,000 after purchasing an additional 210,399 shares during the period. Raymond James Financial Inc. bought a new position in iShares Russell 2500 ETF during the fourth quarter valued at $11,268,000. Finally, Kendall Capital Management grew its holdings in iShares Russell 2500 ETF by 64.9% during the fourth quarter. Kendall Capital Management now owns 292,799 shares of the company’s stock valued at $19,910,000 after purchasing an additional 115,244 shares during the period.

iShares Russell 2500 ETF Trading Down 8.3 %

Shares of BATS SMMD opened at $62.62 on Wednesday. The stock has a fifty day simple moving average of $68.56 and a two-hundred day simple moving average of $68.82. iShares Russell 2500 ETF has a 1-year low of $38.91 and a 1-year high of $45.72. The firm has a market cap of $1.31 billion, a price-to-earnings ratio of 17.67 and a beta of 1.18.

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.