Coldstream Capital Management Inc. Sells 67,808 Shares of iShares Russell 2500 ETF $SMMD

Coldstream Capital Management Inc. decreased its stake in iShares Russell 2500 ETF (BATS:SMMD) by 7.4% in the 4th quarter, Holdings Channel.com reports. The firm owned 847,846 shares of the company’s stock after selling 67,808 shares during the quarter. iShares Russell 2500 ETF makes up about 0.8% of Coldstream Capital Management Inc.’s investment portfolio, making the stock its 27th biggest position. Coldstream Capital Management Inc.’s holdings in iShares Russell 2500 ETF were worth $63,538,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in SMMD. Global Retirement Partners LLC lifted its stake in iShares Russell 2500 ETF by 423.3% in the 4th quarter. Global Retirement Partners LLC now owns 382 shares of the company’s stock valued at $29,000 after purchasing an additional 309 shares during the last quarter. Larson Financial Group LLC bought a new position in shares of iShares Russell 2500 ETF during the fourth quarter valued at $30,000. PNC Financial Services Group Inc. raised its stake in shares of iShares Russell 2500 ETF by 5,020.0% during the fourth quarter. PNC Financial Services Group Inc. now owns 512 shares of the company’s stock valued at $38,000 after acquiring an additional 502 shares during the last quarter. CIBC Private Wealth Group LLC raised its stake in shares of iShares Russell 2500 ETF by 14.7% during the third quarter. CIBC Private Wealth Group LLC now owns 1,090 shares of the company’s stock valued at $80,000 after acquiring an additional 140 shares during the last quarter. Finally, Russell Investments Group Ltd. bought a new position in shares of iShares Russell 2500 ETF during the second quarter valued at $82,000.

iShares Russell 2500 ETF Stock Performance

SMMD stock opened at $87.01 on Friday. The company has a fifty day moving average price of $81.34 and a 200-day moving average price of $78.72. The company has a market capitalization of $1.87 billion, a P/E ratio of 19.95 and a beta of 1.09. iShares Russell 2500 ETF has a 52-week low of $63.27 and a 52-week high of $87.46.

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.