US Bancorp DE Sells 10,595 Shares of iShares Russell 2500 ETF $SMMD

US Bancorp DE reduced its position in iShares Russell 2500 ETF (BATS:SMMD) by 3.2% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 315,427 shares of the company’s stock after selling 10,595 shares during the period. US Bancorp DE owned about 1.47% of iShares Russell 2500 ETF worth $23,256,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. New Republic Capital LLC purchased a new position in shares of iShares Russell 2500 ETF in the third quarter worth $71,000. Russell Investments Group Ltd. bought a new position in iShares Russell 2500 ETF during the 2nd quarter valued at about $82,000. Cornerstone Planning Group LLC boosted its holdings in shares of iShares Russell 2500 ETF by 15.5% during the 3rd quarter. Cornerstone Planning Group LLC now owns 1,397 shares of the company’s stock valued at $103,000 after acquiring an additional 187 shares during the last quarter. Spire Wealth Management grew its stake in shares of iShares Russell 2500 ETF by 374.6% in the second quarter. Spire Wealth Management now owns 2,264 shares of the company’s stock worth $153,000 after acquiring an additional 1,787 shares during the period. Finally, Fairman Group LLC raised its holdings in shares of iShares Russell 2500 ETF by 38.3% during the third quarter. Fairman Group LLC now owns 2,264 shares of the company’s stock valued at $167,000 after purchasing an additional 627 shares during the last quarter.

iShares Russell 2500 ETF Stock Down 1.4%

Shares of iShares Russell 2500 ETF stock opened at $80.67 on Friday. iShares Russell 2500 ETF has a twelve month low of $53.81 and a twelve month high of $82.05. The company’s 50 day moving average is $79.22 and its 200 day moving average is $75.60. The company has a market cap of $1.73 billion, a price-to-earnings ratio of 19.95 and a beta of 1.09.

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.