Glenmede Trust Co. NA Has $22.45 Million Stake in iShares Russell 2500 ETF (BATS:SMMD)

Glenmede Trust Co. NA grew its holdings in iShares Russell 2500 ETF (BATS:SMMD) by 43.5% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 331,389 shares of the company’s stock after purchasing an additional 100,503 shares during the period. Glenmede Trust Co. NA owned approximately 1.95% of iShares Russell 2500 ETF worth $22,445,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. ORG Partners LLC acquired a new position in iShares Russell 2500 ETF in the 2nd quarter valued at approximately $47,000. EverSource Wealth Advisors LLC acquired a new stake in iShares Russell 2500 ETF during the first quarter valued at $105,000. 1620 Investment Advisors Inc. purchased a new position in iShares Russell 2500 ETF in the second quarter valued at about $146,000. Carmichael Hill & Associates Inc. grew its stake in iShares Russell 2500 ETF by 8.1% in the second quarter. Carmichael Hill & Associates Inc. now owns 2,369 shares of the company’s stock valued at $148,000 after purchasing an additional 178 shares in the last quarter. Finally, First Heartland Consultants Inc. acquired a new position in iShares Russell 2500 ETF in the 3rd quarter worth about $201,000.

iShares Russell 2500 ETF Price Performance

Shares of iShares Russell 2500 ETF stock opened at $73.60 on Thursday. The firm 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 simple moving average of $69.13 and a 200-day simple moving average of $65.95. iShares Russell 2500 ETF has a 52-week low of $38.91 and a 52-week high of $45.72.

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.