iShares Russell 2500 ETF (BATS:SMMD) Shares Purchased by Congress Asset Management Co.

Congress Asset Management Co. grew its stake in shares of iShares Russell 2500 ETF (BATS:SMMD) by 172.6% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 96,385 shares of the company’s stock after acquiring an additional 61,022 shares during the quarter. Congress Asset Management Co.’s holdings in iShares Russell 2500 ETF were worth $6,554,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. FMR LLC boosted its stake in shares of 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 acquiring an additional 210,399 shares during the last quarter. SC&H Financial Advisors Inc. lifted its holdings in iShares Russell 2500 ETF by 48.0% in the 3rd quarter. SC&H Financial Advisors Inc. now owns 4,834 shares of the company’s stock valued at $327,000 after purchasing an additional 1,567 shares in the last quarter. HighTower Advisors LLC boosted its stake in shares of iShares Russell 2500 ETF by 2.9% during the 3rd quarter. HighTower Advisors LLC now owns 137,168 shares of the company’s stock worth $9,291,000 after purchasing an additional 3,923 shares during the last quarter. MidWestOne Financial Group Inc. purchased a new stake in shares of iShares Russell 2500 ETF during the third quarter worth about $1,418,000. Finally, Benchmark Financial Wealth Advisors LLC raised its position in shares of iShares Russell 2500 ETF by 9.0% in the third quarter. Benchmark Financial Wealth Advisors LLC now owns 66,280 shares of the company’s stock valued at $4,489,000 after buying an additional 5,497 shares during the last quarter.

iShares Russell 2500 ETF Stock Performance

Shares of SMMD opened at $70.10 on Tuesday. iShares Russell 2500 ETF has a fifty-two week low of $38.91 and a fifty-two week high of $45.72. The stock has a fifty day moving average of $69.72 and a two-hundred day moving average of $68.53. The company has a market capitalization of $1.19 billion, a PE ratio of 15.31 and a beta of 1.15.

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.