Kovitz Investment Group Partners LLC Increases Stock Holdings in iShares Russell 2500 ETF $SMMD

Kovitz Investment Group Partners LLC lifted its stake in shares of iShares Russell 2500 ETF (BATS:SMMD) by 6.9% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 252,256 shares of the company’s stock after acquiring an additional 16,212 shares during the quarter. Kovitz Investment Group Partners LLC’s holdings in iShares Russell 2500 ETF were worth $18,599,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of SMMD. Royal Bank of Canada raised its stake in iShares Russell 2500 ETF by 12.0% during the 1st quarter. Royal Bank of Canada now owns 58,273 shares of the company’s stock worth $3,644,000 after acquiring an additional 6,223 shares in the last quarter. Jane Street Group LLC boosted its stake in iShares Russell 2500 ETF by 1,288.2% in the first quarter. Jane Street Group LLC now owns 77,005 shares of the company’s stock valued at $4,816,000 after acquiring an additional 71,458 shares in the last quarter. Allspring Global Investments Holdings LLC grew its holdings in shares of iShares Russell 2500 ETF by 27.8% during the second quarter. Allspring Global Investments Holdings LLC now owns 1,269 shares of the company’s stock worth $87,000 after purchasing an additional 276 shares during the last quarter. D.A. Davidson & CO. increased its position in shares of iShares Russell 2500 ETF by 9.7% during the second quarter. D.A. Davidson & CO. now owns 4,560 shares of the company’s stock worth $309,000 after purchasing an additional 405 shares in the last quarter. Finally, Envestnet Asset Management Inc. increased its position in shares of iShares Russell 2500 ETF by 1.9% during the second quarter. Envestnet Asset Management Inc. now owns 256,516 shares of the company’s stock worth $17,387,000 after purchasing an additional 4,723 shares in the last quarter.

iShares Russell 2500 ETF Stock Up 0.2%

Shares of BATS SMMD opened at $81.28 on Monday. The business has a 50-day moving average price of $78.68 and a 200 day moving average price of $75.27. The stock has a market cap of $1.74 billion, a PE ratio of 19.95 and a beta of 1.09. iShares Russell 2500 ETF has a 52-week low of $53.81 and a 52-week high of $82.05.

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.