Truist Financial Corp Has $24.54 Million Holdings in iShares Russell 2500 ETF (BATS:SMMD)

Truist Financial Corp grew its holdings in iShares Russell 2500 ETF (BATS:SMMD) by 25.1% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 360,819 shares of the company’s stock after purchasing an additional 72,318 shares during the period. Truist Financial Corp’s holdings in iShares Russell 2500 ETF were worth $24,536,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. NTV Asset Management LLC bought a new position in shares of iShares Russell 2500 ETF in the fourth quarter valued at $202,000. Lakeridge Wealth Management LLC grew its stake in shares of iShares Russell 2500 ETF by 7.3% in the fourth quarter. Lakeridge Wealth Management LLC now owns 7,918 shares of the company’s stock valued at $538,000 after buying an additional 541 shares in the last quarter. Congress Asset Management Co. grew its stake in shares of iShares Russell 2500 ETF by 172.6% in the fourth quarter. Congress Asset Management Co. now owns 96,385 shares of the company’s stock valued at $6,554,000 after buying an additional 61,022 shares in the last quarter. Catalyst Financial Partners LLC grew its stake in shares of iShares Russell 2500 ETF by 14.1% in the fourth quarter. Catalyst Financial Partners LLC now owns 50,167 shares of the company’s stock valued at $3,411,000 after buying an additional 6,193 shares in the last quarter. Finally, Single Point Partners LLC grew its stake in shares of iShares Russell 2500 ETF by 20.9% in the fourth quarter. Single Point Partners LLC now owns 12,443 shares of the company’s stock valued at $846,000 after buying an additional 2,153 shares in the last quarter.

iShares Russell 2500 ETF Trading Up 2.8 %

BATS:SMMD opened at $70.22 on Thursday. iShares Russell 2500 ETF has a 1-year low of $38.91 and a 1-year high of $45.72. The firm has a fifty day simple moving average of $69.59 and a 200 day simple moving average of $68.62. The stock has a market capitalization of $1.19 billion, a PE ratio of 15.31 and a beta of 1.15.

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.