Pitcairn Co. Makes New Investment in iShares Russell 2500 ETF (BATS:SMMD)

Pitcairn Co. purchased a new stake in iShares Russell 2500 ETF (BATS:SMMD) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 3,600 shares of the company’s stock, valued at approximately $244,000.

Other hedge funds have also modified their holdings of the company. Fort Washington Investment Advisors Inc. OH acquired a new position in iShares Russell 2500 ETF during the second quarter valued at approximately $30,424,000. Kestra Investment Management LLC bought a new position in shares of iShares Russell 2500 ETF during the second quarter worth $18,279,000. Heritage Family Offices LLP acquired a new position in shares of iShares Russell 2500 ETF in the 2nd quarter valued at $12,127,000. CWA Asset Management Group LLC bought a new stake in shares of iShares Russell 2500 ETF in the 3rd quarter valued at $8,891,000. Finally, Simplicity Wealth LLC raised its stake in iShares Russell 2500 ETF by 365.9% during the 3rd quarter. Simplicity Wealth LLC now owns 114,791 shares of the company’s stock worth $7,775,000 after buying an additional 90,154 shares during the period.

iShares Russell 2500 ETF Trading Down 0.1 %

BATS:SMMD opened at $73.60 on Thursday. iShares Russell 2500 ETF has a 1 year low of $38.91 and a 1 year high of $45.72. The stock has a market cap of $1.25 billion, a price-to-earnings ratio of 15.31 and a beta of 1.15. The stock has a 50-day moving average price of $69.13 and a two-hundred day moving average price of $65.95.

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.