Charter Oak Capital Management LLC Trims Position in iShares Russell 2500 ETF (BATS:SMMD)

Charter Oak Capital Management LLC lessened its stake in shares of iShares Russell 2500 ETF (BATS:SMMD) by 10.9% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 16,156 shares of the company’s stock after selling 1,986 shares during the quarter. Charter Oak Capital Management LLC owned about 0.08% of iShares Russell 2500 ETF worth $1,010,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the stock. O Connor Financial Group LLC grew its holdings in iShares Russell 2500 ETF by 6.0% during the 1st quarter. O Connor Financial Group LLC now owns 3,929 shares of the company’s stock valued at $246,000 after buying an additional 224 shares in the last quarter. Corient Private Wealth LLC grew its holdings in iShares Russell 2500 ETF by 1.2% during the 4th quarter. Corient Private Wealth LLC now owns 23,711 shares of the company’s stock valued at $1,612,000 after buying an additional 275 shares in the last quarter. Transcendent Capital Group LLC grew its holdings in iShares Russell 2500 ETF by 396.0% during the 4th quarter. Transcendent Capital Group LLC now owns 496 shares of the company’s stock valued at $34,000 after buying an additional 396 shares in the last quarter. National Bank of Canada FI purchased a new position in iShares Russell 2500 ETF during the 4th quarter valued at about $32,000. Finally, Private Trust Co. NA purchased a new position in iShares Russell 2500 ETF during the 4th quarter valued at about $34,000.

iShares Russell 2500 ETF Stock Down 2.5%

SMMD stock opened at $66.61 on Friday. The firm has a market capitalization of $1.43 billion, a PE ratio of 16.96 and a beta of 1.10. iShares Russell 2500 ETF has a twelve month low of $53.81 and a twelve month high of $74.66. The stock has a 50-day simple moving average of $62.05 and a two-hundred day simple moving average of $66.40.

iShares Russell 2500 ETF Company 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.