iShares Russell 2500 ETF $SMMD Stake Raised by Glenmede Trust Co. NA

Glenmede Trust Co. NA increased its holdings in shares of iShares Russell 2500 ETF (BATS:SMMD) by 12.1% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 4,413,593 shares of the company’s stock after acquiring an additional 475,969 shares during the period. iShares Russell 2500 ETF makes up about 1.7% of Glenmede Trust Co. NA’s portfolio, making the stock its 8th largest holding. Glenmede Trust Co. NA owned 20.58% of iShares Russell 2500 ETF worth $336,978,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Fifth Third Bancorp raised its holdings in iShares Russell 2500 ETF by 485.3% in the 1st quarter. Fifth Third Bancorp now owns 3,058,941 shares of the company’s stock worth $233,550,000 after purchasing an additional 2,536,353 shares during the period. Blair William & Co. IL grew its holdings in iShares Russell 2500 ETF by 156.7% in the fourth quarter. Blair William & Co. IL now owns 479,957 shares of the company’s stock valued at $35,968,000 after purchasing an additional 292,966 shares during the period. Focus Partners Wealth grew its holdings in iShares Russell 2500 ETF by 53.0% in the fourth quarter. Focus Partners Wealth now owns 757,995 shares of the company’s stock valued at $56,804,000 after purchasing an additional 262,684 shares during the period. CENTRAL TRUST Co increased its position in shares of iShares Russell 2500 ETF by 27.1% in the first quarter. CENTRAL TRUST Co now owns 949,678 shares of the company’s stock valued at $72,508,000 after buying an additional 202,293 shares in the last quarter. Finally, Bridges Investment Management Inc. purchased a new stake in shares of iShares Russell 2500 ETF in the fourth quarter valued at approximately $13,803,000.

iShares Russell 2500 ETF Price Performance

Shares of SMMD stock opened at $89.09 on Friday. The company has a market cap of $1.91 billion, a price-to-earnings ratio of 19.95 and a beta of 1.09. The stock has a 50 day simple moving average of $89.43 and a 200-day simple moving average of $83.77. iShares Russell 2500 ETF has a 1-year low of $66.96 and a 1-year high of $92.07.

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.