Truist Financial Corp Has $24.54 Million Stock Holdings in iShares Russell 2500 ETF (BATS:SMMD)

Truist Financial Corp lifted its position in iShares Russell 2500 ETF (BATS:SMMD) by 25.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 360,819 shares of the company’s stock after acquiring an additional 72,318 shares during the period. Truist Financial Corp owned approximately 2.12% of iShares Russell 2500 ETF worth $24,536,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the stock. NTV Asset Management LLC acquired a new stake in iShares Russell 2500 ETF during the 4th quarter worth approximately $202,000. Lakeridge Wealth Management LLC raised its holdings in iShares Russell 2500 ETF by 7.3% during the 4th quarter. Lakeridge Wealth Management LLC now owns 7,918 shares of the company’s stock worth $538,000 after buying an additional 541 shares during the period. Congress Asset Management Co. raised its holdings in iShares Russell 2500 ETF by 172.6% during the 4th quarter. Congress Asset Management Co. now owns 96,385 shares of the company’s stock worth $6,554,000 after buying an additional 61,022 shares during the period. Catalyst Financial Partners LLC raised its holdings in iShares Russell 2500 ETF by 14.1% during the 4th quarter. Catalyst Financial Partners LLC now owns 50,167 shares of the company’s stock worth $3,411,000 after buying an additional 6,193 shares during the period. Finally, Single Point Partners LLC raised its holdings in shares of iShares Russell 2500 ETF by 20.9% in the fourth quarter. Single Point Partners LLC now owns 12,443 shares of the company’s stock valued at $846,000 after purchasing an additional 2,153 shares during the last quarter.

iShares Russell 2500 ETF Stock Up 2.8 %

BATS SMMD opened at $70.22 on Thursday. iShares Russell 2500 ETF has a 12-month low of $38.91 and a 12-month high of $45.72. The company has a market capitalization of $1.19 billion, a PE ratio of 15.31 and a beta of 1.15. The firm’s 50 day moving average is $69.59 and its 200-day moving average is $68.62.

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.