Citizens Financial Group Inc. RI Makes New $254,000 Investment in iShares Russell 2500 ETF (BATS:SMMD)

Citizens Financial Group Inc. RI purchased a new position in iShares Russell 2500 ETF (BATS:SMMD) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 3,753 shares of the company’s stock, valued at approximately $254,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. ORG Partners LLC bought a new stake in iShares Russell 2500 ETF during the 2nd quarter valued at approximately $47,000. EverSource Wealth Advisors LLC bought a new stake in shares of iShares Russell 2500 ETF during the first quarter valued at approximately $105,000. 1620 Investment Advisors Inc. purchased a new position in shares of iShares Russell 2500 ETF in the second quarter worth $146,000. Carmichael Hill & Associates Inc. boosted its position in shares of iShares Russell 2500 ETF by 8.1% during the second quarter. Carmichael Hill & Associates Inc. now owns 2,369 shares of the company’s stock worth $148,000 after acquiring an additional 178 shares during the last quarter. Finally, First Heartland Consultants Inc. purchased a new position in iShares Russell 2500 ETF during the third quarter valued at $201,000.

iShares Russell 2500 ETF Stock Up 1.6 %

Shares of iShares Russell 2500 ETF stock opened at $73.02 on Friday. The firm has a market cap of $1.24 billion, a price-to-earnings ratio of 15.31 and a beta of 1.15. The business has a 50-day moving average price of $68.71 and a 200-day moving average price of $65.72. iShares Russell 2500 ETF has a twelve month low of $38.91 and a twelve month high of $45.72.

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.