Canopy Partners LLC Sells 11,785 Shares of iShares Russell 2500 ETF $SMMD

Canopy Partners LLC decreased its holdings in iShares Russell 2500 ETF (BATS:SMMD) by 77.0% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,523 shares of the company’s stock after selling 11,785 shares during the period. Canopy Partners LLC’s holdings in iShares Russell 2500 ETF were worth $239,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the business. Simplicity Wealth LLC boosted its stake in shares of iShares Russell 2500 ETF by 21.9% in the second quarter. Simplicity Wealth LLC now owns 171,088 shares of the company’s stock worth $11,596,000 after acquiring an additional 30,733 shares during the period. OLD National Bancorp IN purchased a new stake in shares of iShares Russell 2500 ETF in the second quarter worth about $608,000. Wealthcare Advisory Partners LLC lifted its position in shares of iShares Russell 2500 ETF by 181.8% in the second quarter. Wealthcare Advisory Partners LLC now owns 180,047 shares of the company’s stock worth $12,204,000 after buying an additional 116,155 shares in the last quarter. Berger Financial Group Inc lifted its position in shares of iShares Russell 2500 ETF by 4.8% in the second quarter. Berger Financial Group Inc now owns 138,848 shares of the company’s stock worth $9,411,000 after buying an additional 6,407 shares in the last quarter. Finally, NTV Asset Management LLC purchased a new stake in shares of iShares Russell 2500 ETF in the second quarter worth about $202,000.

iShares Russell 2500 ETF Trading Up 8.4%

BATS:SMMD opened at $74.04 on Wednesday. The company has a market capitalization of $1.59 billion, a P/E ratio of 19.95 and a beta of 1.09. iShares Russell 2500 ETF has a 12 month low of $53.81 and a 12 month high of $74.66. The business’s 50-day moving average is $72.22 and its 200 day moving average is $67.25.

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.