QRG Capital Management Inc. Invests $996,000 in iShares Russell 2500 ETF $SMMD

QRG Capital Management Inc. purchased a new stake in iShares Russell 2500 ETF (BATS:SMMD) in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 13,051 shares of the company’s stock, valued at approximately $996,000. QRG Capital Management Inc. owned about 0.06% of iShares Russell 2500 ETF at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of SMMD. CIBC Private Wealth Group LLC increased its stake in iShares Russell 2500 ETF by 14.7% in the third quarter. CIBC Private Wealth Group LLC now owns 1,090 shares of the company’s stock valued at $80,000 after purchasing an additional 140 shares during the period. Equitable Holdings Inc. boosted its stake in shares of iShares Russell 2500 ETF by 5.1% during the third 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. Perigon Wealth Management LLC boosted its stake in shares of iShares Russell 2500 ETF by 3.0% during the fourth 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. 1620 Investment Advisors Inc. grew its holdings in shares of iShares Russell 2500 ETF by 5.3% during the fourth quarter. 1620 Investment Advisors Inc. now owns 4,722 shares of the company’s stock worth $354,000 after buying an additional 237 shares during the last quarter. Finally, Sfmg LLC increased its position in iShares Russell 2500 ETF by 5.1% in the 4th quarter. Sfmg LLC now owns 4,862 shares of the company’s stock valued at $364,000 after acquiring an additional 238 shares during the period.

iShares Russell 2500 ETF Stock Down 1.1%

SMMD opened at $89.18 on Thursday. The business has a 50 day moving average price of $88.07 and a two-hundred day moving average price of $82.28. The company has a market cap of $1.91 billion, a PE ratio of 19.95 and a beta of 1.09. iShares Russell 2500 ETF has a 52 week low of $66.96 and a 52 week 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.