Atomi Financial Group Inc. Reduces Stake in iShares Russell 2500 ETF

Atomi Financial Group Inc. has announced a reduction in its investment in the iShares Russell 2500 ETF (BATS:SMMD) by 12.7% during the third quarter of the year. This information was disclosed in the company's latest Form 13F filing with the Securities and Exchange Commission (SEC). After selling 564 shares during this period, Atomi Financial now holds a total of 3,887 shares of the ETF.

As per the latest SEC filing, Atomi Financial Group Inc.’s holdings in the iShares Russell 2500 ETF are valued at approximately $263,000.

Other investment firms have also participated in trading with the iShares Russell 2500 ETF. For instance, Eagle Bay Advisors LLC increased its stake by an impressive 45.8% during the first quarter, bringing their total holdings to 573 shares valued at $38,000, following the addition of 180 shares.

Similarly, ORG Partners LLC acquired a new position in the ETF during the second quarter, estimated at around $47,000. EverSource Wealth Advisors LLC also made a new investment in the first quarter worth about $105,000, while 1620 Investment Advisors Inc. bought a new stake in the ETF in the second quarter, significantly valued at roughly $146,000.

Carmichael Hill & Associates Inc. further increased its stake in the ETF by 8.1% during the second quarter and now owns 2,369 shares, amounting to a value of $148,000 after acquiring an additional 178 shares during the past quarter.

Performance of iShares Russell 2500 ETF

On the market, shares of the iShares Russell 2500 ETF opened at $68.21 on the recent trading day. The ETF has shown a 50-day moving average of $65.82 and a 200-day moving average of $64.30. Over the past year, the ETF has marked a low of $38.91 and a high reaching $45.72. The total market capitalization of the iShares Russell 2500 ETF stands at approximately $1.16 billion, featuring a price-to-earnings (PE) ratio of 15.31 and a beta of 1.15, indicating moderate volatility compared to the overall market.

About iShares Russell 2500 ETF

The iShares Russell 2500 ETF (SMMD) functions as an exchange-traded fund (ETF) that tracks the Russell 2500 index. This index consists of U.S. companies ranked between 501 and 3,000 based on their market capitalization. The ETF was launched on July 6, 2017, and is managed by BlackRock, a leading global investment management firm.

Further Insights

Investors seeking to keep track of hedge fund activities concerning the iShares Russell 2500 ETF can refer to various financial platforms that provide the latest Form 13F filings, as well as insider trade information relevant to this ETF. Consistent updates allow investors to stay informed about the market positioning and strategies of different investment firms.

For daily updates on news and analyst ratings concerning the iShares Russell 2500 ETF and its correlated companies, investors are encouraged to sign up for electronic newsletters from financial services.

Atomi, iShares, ETF