Congress Asset Management Co. Lowers Position in iShares Russell 2500 ETF (BATS:SMMD)

Congress Asset Management Co. decreased its stake in shares of iShares Russell 2500 ETF (BATS:SMMD) by 29.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 35,363 shares of the company’s stock after selling 14,907 shares during the period. Congress Asset Management Co. owned about 0.21% of iShares Russell 2500 ETF worth $2,395,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of SMMD. Catalyst Financial Partners LLC boosted its holdings in iShares Russell 2500 ETF by 36.8% during the 3rd quarter. Catalyst Financial Partners LLC now owns 43,974 shares of the company’s stock worth $2,978,000 after acquiring an additional 11,828 shares during the last quarter. Andina Capital Management LLC boosted its holdings in iShares Russell 2500 ETF by 1.0% during the third quarter. Andina Capital Management LLC now owns 16,383 shares of the company’s stock worth $1,110,000 after purchasing an additional 168 shares during the last quarter. SC&H Financial Advisors Inc. grew its position in iShares Russell 2500 ETF by 48.0% in the 3rd quarter. SC&H Financial Advisors Inc. now owns 4,834 shares of the company’s stock worth $327,000 after purchasing an additional 1,567 shares in the last quarter. Mayfair Advisory Group LLC increased its stake in iShares Russell 2500 ETF by 4.1% in the 3rd quarter. Mayfair Advisory Group LLC now owns 4,939 shares of the company’s stock valued at $333,000 after buying an additional 195 shares during the last quarter. Finally, Financial Management Network Inc. bought a new position in shares of iShares Russell 2500 ETF during the 3rd quarter worth approximately $291,000.

iShares Russell 2500 ETF Stock Up 0.5 %

Shares of BATS SMMD opened at $67.43 on Friday. The company has a market capitalization of $1.15 billion, a PE ratio of 15.31 and a beta of 1.15. The stock’s 50 day moving average price is $67.08 and its 200-day moving average price is $64.74. iShares Russell 2500 ETF has a twelve month low of $38.91 and a twelve month high of $45.72.

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.