Catalyst Financial Partners LLC Acquires 33,107 Shares of iShares Russell 2500 ETF $SMMD

Catalyst Financial Partners LLC boosted its holdings in shares of iShares Russell 2500 ETF (BATS:SMMD) by 34.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 128,255 shares of the company’s stock after acquiring an additional 33,107 shares during the quarter. iShares Russell 2500 ETF makes up approximately 1.1% of Catalyst Financial Partners LLC’s portfolio, making the stock its 16th largest holding. Catalyst Financial Partners LLC’s holdings in iShares Russell 2500 ETF were worth $9,611,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in SMMD. Royal Bank of Canada raised its position in iShares Russell 2500 ETF by 12.0% during the first quarter. Royal Bank of Canada now owns 58,273 shares of the company’s stock valued at $3,644,000 after acquiring an additional 6,223 shares in the last quarter. Jane Street Group LLC raised its position in iShares Russell 2500 ETF by 1,288.2% during the first quarter. Jane Street Group LLC now owns 77,005 shares of the company’s stock valued at $4,816,000 after acquiring an additional 71,458 shares in the last quarter. Russell Investments Group Ltd. bought a new position in iShares Russell 2500 ETF during the second quarter valued at approximately $82,000. Baird Financial Group Inc. raised its position in iShares Russell 2500 ETF by 2.5% during the second quarter. Baird Financial Group Inc. now owns 46,169 shares of the company’s stock valued at $3,129,000 after acquiring an additional 1,115 shares in the last quarter. Finally, NewEdge Advisors LLC raised its position in iShares Russell 2500 ETF by 299.7% during the second quarter. NewEdge Advisors LLC now owns 6,304 shares of the company’s stock valued at $427,000 after acquiring an additional 4,727 shares in the last quarter.

iShares Russell 2500 ETF Stock Performance

Shares of SMMD opened at $86.17 on Thursday. The firm has a market cap of $1.85 billion, a PE ratio of 19.95 and a beta of 1.09. The firm’s 50 day moving average price is $80.36 and its 200 day moving average price is $78.21. iShares Russell 2500 ETF has a twelve month low of $63.27 and a twelve month high of $87.46.

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.