CENTRAL TRUST Co Buys 54,284 Shares of iShares Russell 2500 ETF $SMMD

CENTRAL TRUST Co increased its stake in shares of iShares Russell 2500 ETF (BATS:SMMD) by 7.8% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 747,385 shares of the company’s stock after acquiring an additional 54,284 shares during the period. iShares Russell 2500 ETF accounts for 1.1% of CENTRAL TRUST Co’s holdings, making the stock its 23rd largest position. CENTRAL TRUST Co’s holdings in iShares Russell 2500 ETF were worth $56,009,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also modified their holdings of the stock. CIBC Private Wealth Group LLC lifted its position in shares of iShares Russell 2500 ETF by 14.7% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 1,090 shares of the company’s stock worth $80,000 after buying an additional 140 shares during the period. Equitable Holdings Inc. lifted its position in shares of iShares Russell 2500 ETF by 5.1% during the 3rd quarter. Equitable Holdings Inc. now owns 3,754 shares of the company’s stock worth $277,000 after buying an additional 183 shares during the period. Cornerstone Planning Group LLC lifted its position in shares of iShares Russell 2500 ETF by 15.5% during the 3rd quarter. Cornerstone Planning Group LLC now owns 1,397 shares of the company’s stock worth $103,000 after buying an additional 187 shares during the period. Perigon Wealth Management LLC lifted its position in shares of iShares Russell 2500 ETF by 3.0% during the 4th quarter. Perigon Wealth Management LLC now owns 7,483 shares of the company’s stock worth $561,000 after buying an additional 218 shares during the period. Finally, Creative Planning raised its position in iShares Russell 2500 ETF by 2.1% in the 3rd quarter. Creative Planning now owns 12,433 shares of the company’s stock valued at $917,000 after purchasing an additional 250 shares during the last quarter.

iShares Russell 2500 ETF Stock Performance

Shares of SMMD opened at $85.07 on Friday. The stock has a fifty day moving average price of $79.60 and a two-hundred day moving average price of $77.59. iShares Russell 2500 ETF has a 52-week low of $61.61 and a 52-week high of $85.55. The company has a market cap of $1.82 billion, a price-to-earnings ratio of 19.95 and a beta of 1.09.

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.