Heritage Family Offices LLP Makes New $5.44 Million Investment in iShares Russell 2500 ETF $SMMD

Heritage Family Offices LLP purchased a new position in iShares Russell 2500 ETF (BATS:SMMD) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 63,653 shares of the company’s stock, valued at approximately $5,444,000. iShares Russell 2500 ETF comprises 1.8% of Heritage Family Offices LLP’s investment portfolio, making the stock its 11th largest position. Heritage Family Offices LLP owned about 0.30% of iShares Russell 2500 ETF at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the stock. Angeles Wealth Management LLC boosted its position in iShares Russell 2500 ETF by 150.3% in the 1st quarter. Angeles Wealth Management LLC now owns 358 shares of the company’s stock valued at $27,000 after buying an additional 215 shares during the period. Compass Financial Management LLC purchased a new position in shares of iShares Russell 2500 ETF during the second quarter worth approximately $84,000. Assetmark Inc. raised its stake in shares of iShares Russell 2500 ETF by 3,988.9% during the first quarter. Assetmark Inc. now owns 736 shares of the company’s stock valued at $56,000 after acquiring an additional 718 shares in the last quarter. Ascentis Independent Advisors bought a new stake in shares of iShares Russell 2500 ETF during the first quarter valued at approximately $58,000. Finally, MWA Asset Management bought a new stake in shares of iShares Russell 2500 ETF during the first quarter valued at approximately $67,000.

iShares Russell 2500 ETF Trading Up 0.5%

Shares of BATS SMMD traded up $0.43 during trading hours on Friday, reaching $85.11. The stock had a trading volume of 323,783 shares, compared to its average volume of 327,472. The firm has a market cap of $1.83 billion, a price-to-earnings ratio of 19.95 and a beta of 1.09. The business’s fifty day moving average price is $87.04 and its two-hundred day moving average price is $85.47. iShares Russell 2500 ETF has a 52-week low of $69.94 and a 52-week high of $93.42.

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.