Coldstream Capital Management Inc. Sells 238,148 Shares of iShares Russell 2500 ETF $SMMD

Coldstream Capital Management Inc. trimmed its position in shares of iShares Russell 2500 ETF (BATS:SMMD) by 19.7% during the second quarter, Holdings Channel.com reports. The institutional investor owned 970,694 shares of the company’s stock after selling 238,148 shares during the period. iShares Russell 2500 ETF accounts for 1.1% of Coldstream Capital Management Inc.’s investment portfolio, making the stock its 22nd largest holding. Coldstream Capital Management Inc.’s holdings in iShares Russell 2500 ETF were worth $65,794,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. First Command Advisory Services Inc. bought a new position in shares of iShares Russell 2500 ETF in the 2nd quarter valued at about $44,000. AlphaCore Capital LLC bought a new stake in shares of iShares Russell 2500 ETF in the 1st quarter valued at about $73,000. Allspring Global Investments Holdings LLC lifted its stake in iShares Russell 2500 ETF by 27.8% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 1,269 shares of the company’s stock valued at $87,000 after purchasing an additional 276 shares during the last quarter. Fairman Group LLC grew its holdings in iShares Russell 2500 ETF by 634.1% during the second quarter. Fairman Group LLC now owns 1,637 shares of the company’s stock worth $111,000 after purchasing an additional 1,414 shares during the period. Finally, Comerica Bank grew its holdings in iShares Russell 2500 ETF by 12.1% during the first quarter. Comerica Bank now owns 1,703 shares of the company’s stock worth $107,000 after purchasing an additional 184 shares during the period.

iShares Russell 2500 ETF Stock Up 5.2%

Shares of BATS SMMD opened at $71.83 on Friday. The business’s 50 day moving average price is $73.66 and its two-hundred day moving average price is $70.38. The company has a market cap of $1.54 billion, a PE ratio of 19.95 and a beta of 1.09. iShares Russell 2500 ETF has a twelve month low of $53.81 and a twelve month high of $74.66.

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.