Cornerstone Financial Group LLC NE Takes $858,000 Position in iShares Russell 2500 ETF (BATS:SMMD)

Cornerstone Financial Group LLC NE acquired a new position in iShares Russell 2500 ETF (BATS:SMMD) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 12,619 shares of the company’s stock, valued at approximately $858,000. Cornerstone Financial Group LLC NE owned approximately 0.07% of iShares Russell 2500 ETF as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of SMMD. Eagle Bay Advisors LLC bought a new stake in shares of iShares Russell 2500 ETF during the 4th quarter worth approximately $30,000. National Bank of Canada FI acquired a new position in iShares Russell 2500 ETF during the fourth quarter valued at approximately $32,000. Transcendent Capital Group LLC lifted its stake in iShares Russell 2500 ETF by 396.0% during the fourth quarter. Transcendent Capital Group LLC now owns 496 shares of the company’s stock worth $34,000 after purchasing an additional 396 shares during the last quarter. Private Trust Co. NA acquired a new stake in shares of iShares Russell 2500 ETF in the 4th quarter valued at $34,000. Finally, ORG Partners LLC increased its stake in shares of iShares Russell 2500 ETF by 39.3% in the 4th quarter. ORG Partners LLC now owns 1,050 shares of the company’s stock valued at $71,000 after purchasing an additional 296 shares during the last quarter.

iShares Russell 2500 ETF Stock Performance

iShares Russell 2500 ETF stock opened at $62.22 on Wednesday. The stock has a fifty day moving average of $61.42 and a 200-day moving average of $67.05. The stock has a market capitalization of $1.29 billion, a P/E ratio of 16.96 and a beta of 1.11. iShares Russell 2500 ETF has a 52 week low of $53.81 and a 52 week high of $74.66.

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.