Cornerstone Planning Group LLC Invests $85,000 in iShares Russell 2500 ETF (BATS:SMMD)

Cornerstone Planning Group LLC purchased a new stake in iShares Russell 2500 ETF (BATS:SMMDFree Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 1,210 shares of the company’s stock, valued at approximately $85,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in SMMD. FMR LLC boosted its holdings in shares of iShares Russell 2500 ETF by 41.5% during the 3rd quarter. FMR LLC now owns 717,116 shares of the company’s stock worth $48,570,000 after buying an additional 210,399 shares during the period. SC&H Financial Advisors Inc. increased its position in iShares Russell 2500 ETF by 48.0% during the 3rd quarter. SC&H Financial Advisors Inc. now owns 4,834 shares of the company’s stock worth $327,000 after buying an additional 1,567 shares during the period. HighTower Advisors LLC boosted its holdings in iShares Russell 2500 ETF by 2.9% in the 3rd quarter. HighTower Advisors LLC now owns 137,168 shares of the company’s stock valued at $9,291,000 after purchasing an additional 3,923 shares during the period. MidWestOne Financial Group Inc. acquired a new position in shares of iShares Russell 2500 ETF during the 3rd quarter worth approximately $1,418,000. Finally, HF Advisory Group LLC increased its holdings in shares of iShares Russell 2500 ETF by 2.5% during the third quarter. HF Advisory Group LLC now owns 17,351 shares of the company’s stock worth $1,175,000 after purchasing an additional 421 shares during the period.

iShares Russell 2500 ETF Price Performance

Shares of BATS:SMMD opened at $69.91 on Monday. The company has a market capitalization of $1.19 billion, a P/E ratio of 15.31 and a beta of 1.15. The business’s 50 day simple moving average is $70.07 and its 200 day simple moving average is $68.39. iShares Russell 2500 ETF has a 1 year low of $38.91 and a 1 year high of $45.72.

iShares Russell 2500 ETF Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for iShares Russell 2500 ETF (BATS:SMMD)

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