Gerber Kawasaki Wealth & Investment Management Has $32.73 Million Stock Holdings in iShares Russell 2500 ETF $SMMD

Gerber Kawasaki Wealth & Investment Management boosted its stake in iShares Russell 2500 ETF (BATS:SMMD) by 283.1% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 443,973 shares of the company’s stock after buying an additional 328,098 shares during the quarter. iShares Russell 2500 ETF makes up about 1.1% of Gerber Kawasaki Wealth & Investment Management’s holdings, making the stock its 26th biggest position. Gerber Kawasaki Wealth & Investment Management owned approximately 2.07% of iShares Russell 2500 ETF worth $32,734,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. New Republic Capital LLC acquired a new position in shares of iShares Russell 2500 ETF in the third quarter worth $71,000. Russell Investments Group Ltd. acquired a new stake in iShares Russell 2500 ETF during the second quarter valued at $82,000. Cornerstone Planning Group LLC grew its stake in iShares Russell 2500 ETF by 15.5% in the third quarter. Cornerstone Planning Group LLC now owns 1,397 shares of the company’s stock valued at $103,000 after purchasing an additional 187 shares in the last quarter. Fairman Group LLC grew its stake in iShares Russell 2500 ETF by 38.3% in the third quarter. Fairman Group LLC now owns 2,264 shares of the company’s stock valued at $167,000 after purchasing an additional 627 shares in the last quarter. Finally, Essex Financial Services Inc. acquired a new position in iShares Russell 2500 ETF in the 3rd quarter worth about $200,000.

iShares Russell 2500 ETF Price Performance

SMMD opened at $77.09 on Monday. iShares Russell 2500 ETF has a fifty-two week low of $53.81 and a fifty-two week high of $82.05. The business has a 50-day moving average of $79.49 and a 200-day moving average of $75.97. The company has a market capitalization of $1.65 billion, a PE 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.