Janney Montgomery Scott LLC Grows Stake in iShares Russell 2500 ETF $SMMD

Janney Montgomery Scott LLC lifted its stake in shares of iShares Russell 2500 ETF (BATS:SMMD) by 16.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 132,395 shares of the company’s stock after purchasing an additional 18,614 shares during the period. Janney Montgomery Scott LLC owned 0.62% of iShares Russell 2500 ETF worth $10,108,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the stock. Glenmede Investment Management LP grew its holdings in iShares Russell 2500 ETF by 16.2% during the third quarter. Glenmede Investment Management LP now owns 3,404,659 shares of the company’s stock valued at $251,026,000 after purchasing an additional 473,942 shares during the period. WorthPointe LLC purchased a new position in shares of iShares Russell 2500 ETF during the 4th quarter valued at $1,226,000. Guidance Capital Inc. purchased a new position in shares of iShares Russell 2500 ETF during the 4th quarter valued at $978,000. Thayer Financial L.L.C. bought a new position in shares of iShares Russell 2500 ETF during the 4th quarter worth $679,000. Finally, HF Advisory Group LLC grew its stake in shares of iShares Russell 2500 ETF by 66.1% during the 4th quarter. HF Advisory Group LLC now owns 32,054 shares of the company’s stock worth $2,402,000 after acquiring an additional 12,761 shares during the period.

iShares Russell 2500 ETF Stock Performance

Shares of SMMD opened at $90.77 on Friday. iShares Russell 2500 ETF has a fifty-two week low of $66.96 and a fifty-two week high of $92.07. The business has a 50-day moving average of $87.59 and a 200 day moving average of $81.86. The firm has a market cap of $1.95 billion, a P/E ratio of 19.95 and a beta of 1.09.

iShares Russell 2500 ETF 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.