Blue Trust Inc. Cuts Stock Position in iShares Russell 2500 ETF $SMMD

Blue Trust Inc. cut its holdings in shares of iShares Russell 2500 ETF (BATS:SMMD) by 47.2% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 16,384 shares of the company’s stock after selling 14,620 shares during the quarter. Blue Trust Inc. owned 0.08% of iShares Russell 2500 ETF worth $1,251,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the business. Glenmede Investment Management LP boosted its holdings in shares of iShares Russell 2500 ETF by 16.2% during the 3rd quarter. Glenmede Investment Management LP now owns 3,404,659 shares of the company’s stock valued at $251,026,000 after buying an additional 473,942 shares in the last quarter. WorthPointe LLC purchased a new stake in shares of iShares Russell 2500 ETF in the 4th quarter worth about $1,226,000. Guidance Capital Inc. bought a new position in shares of iShares Russell 2500 ETF in the 4th quarter worth about $978,000. Thayer Financial L.L.C. bought a new position in shares of iShares Russell 2500 ETF in the 4th quarter worth about $679,000. Finally, HF Advisory Group LLC lifted its position in iShares Russell 2500 ETF by 66.1% during the 4th quarter. HF Advisory Group LLC now owns 32,054 shares of the company’s stock valued at $2,402,000 after acquiring an additional 12,761 shares during the period.

iShares Russell 2500 ETF Stock Performance

Shares of BATS SMMD opened at $90.92 on Friday. The company has a market capitalization of $1.95 billion, a price-to-earnings ratio of 19.95 and a beta of 1.09. The company has a 50 day simple moving average of $87.02 and a two-hundred day simple moving average of $81.41. iShares Russell 2500 ETF has a fifty-two week low of $66.96 and a fifty-two week high of $91.81.

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.