NTV Asset Management LLC Buys Shares of 2,975 iShares Russell 2500 ETF $SMMD

NTV Asset Management LLC bought a new stake in shares of iShares Russell 2500 ETF (BATS:SMMD) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 2,975 shares of the company’s stock, valued at approximately $202,000.

A number of other hedge funds have also added to or reduced their stakes in SMMD. Vestmark Advisory Solutions Inc. purchased a new position in iShares Russell 2500 ETF during the 1st quarter valued at about $22,190,000. Harbor Capital Advisors Inc. bought a new stake in shares of iShares Russell 2500 ETF during the 1st quarter valued at about $12,695,000. Focus Partners Wealth boosted its position in shares of iShares Russell 2500 ETF by 81.5% during the 1st quarter. Focus Partners Wealth now owns 404,581 shares of the company’s stock valued at $25,303,000 after acquiring an additional 181,728 shares during the last quarter. Fort Washington Investment Advisors Inc. OH boosted its position in shares of iShares Russell 2500 ETF by 10.3% during the 1st quarter. Fort Washington Investment Advisors Inc. OH now owns 1,504,650 shares of the company’s stock valued at $94,101,000 after acquiring an additional 140,670 shares during the last quarter. Finally, CENTRAL TRUST Co boosted its position in shares of iShares Russell 2500 ETF by 22.0% during the 1st quarter. CENTRAL TRUST Co now owns 544,859 shares of the company’s stock valued at $34,075,000 after acquiring an additional 98,309 shares during the last quarter.

iShares Russell 2500 ETF Trading Up 9.3%

Shares of SMMD opened at $74.63 on Friday. The company has a market cap of $1.60 billion, a PE ratio of 19.95 and a beta of 1.09. The stock has a 50-day moving average price of $72.05 and a 200-day moving average price of $67.08. iShares Russell 2500 ETF has a 12-month low of $53.81 and a 12-month high of $74.66.

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.