Fifth Third Wealth Advisors LLC Purchases New Stake in iShares Russell 2500 ETF (BATS:SMMD)

Fifth Third Wealth Advisors LLC purchased a new stake in iShares Russell 2500 ETF (BATS:SMMD) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 6,957 shares of the company’s stock, valued at approximately $471,000.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Fort Washington Investment Advisors Inc. OH bought a new stake in iShares Russell 2500 ETF during the second quarter valued at $30,424,000. Fifth Third Bancorp increased its stake in iShares Russell 2500 ETF by 4.0% during the second quarter. Fifth Third Bancorp now owns 563,524 shares of the company’s stock valued at $35,277,000 after purchasing an additional 21,891 shares during the last quarter. Brown Brothers Harriman & Co. increased its stake in iShares Russell 2500 ETF by 1,718.2% during the second quarter. Brown Brothers Harriman & Co. now owns 7,491 shares of the company’s stock valued at $469,000 after purchasing an additional 7,079 shares during the last quarter. Johnson Investment Counsel Inc. increased its stake in iShares Russell 2500 ETF by 6.6% during the second quarter. Johnson Investment Counsel Inc. now owns 21,424 shares of the company’s stock valued at $1,341,000 after purchasing an additional 1,331 shares during the last quarter. Finally, One Capital Management LLC increased its stake in iShares Russell 2500 ETF by 10.7% during the second quarter. One Capital Management LLC now owns 7,203 shares of the company’s stock valued at $451,000 after purchasing an additional 696 shares during the last quarter.

iShares Russell 2500 ETF Price Performance

SMMD stock opened at $70.66 on Thursday. iShares Russell 2500 ETF has a 1-year low of $38.91 and a 1-year high of $45.72. The firm has a fifty day moving average price of $68.31 and a two-hundred day moving average price of $65.58. The firm has a market cap of $1.20 billion, a price-to-earnings ratio of 15.31 and a beta of 1.15.

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.