NBH Bank Buys New Holdings in iShares Russell 2500 ETF $SMMD

NBH Bank purchased a new position in iShares Russell 2500 ETF (BATS:SMMD) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 7,681 shares of the company’s stock, valued at approximately $657,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Angeles Wealth Management LLC lifted its position in shares of iShares Russell 2500 ETF by 150.3% during the 1st quarter. Angeles Wealth Management LLC now owns 358 shares of the company’s stock worth $27,000 after purchasing an additional 215 shares during the last quarter. Compass Financial Management LLC purchased a new position in iShares Russell 2500 ETF in the second quarter valued at $84,000. Assetmark Inc. increased its holdings in iShares Russell 2500 ETF by 3,988.9% in the first quarter. Assetmark Inc. now owns 736 shares of the company’s stock valued at $56,000 after buying an additional 718 shares during the last quarter. MWA Asset Management purchased a new position in iShares Russell 2500 ETF in the first quarter valued at $67,000. Finally, Latitude Advisors LLC acquired a new stake in iShares Russell 2500 ETF in the third quarter valued at $82,000.

iShares Russell 2500 ETF Price Performance

iShares Russell 2500 ETF stock opened at $88.01 on Thursday. The stock has a market cap of $4.26 billion, a PE ratio of 17.09 and a beta of 1.10. The stock’s fifty day moving average is $86.90 and its two-hundred day moving average is $85.58. iShares Russell 2500 ETF has a 1-year low of $69.94 and a 1-year high of $93.42.

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.