# Baron SMID Cap ETF Sells Heartflow Stock

> Baron SMID Cap ETF exits Heartflow after competitive concerns.
- Title: Baron SMID Cap ETF Sells Heartflow Stock · Yahoo Finance
- Summary: Baron SMID Cap ETF exits Heartflow after competitive concerns. Baron SMID Cap ETF sold Heartflow stock due to growing competitive threats in AI-driven…
- Keywords: baron smid cap etf, heartflow, nasdaq, ai medical diagnostics, competitive concerns, stock exit, business, finance, Baron, SMID, Cap, ETF
- Source: Yahoo Finance — https://finance.yahoo.com/markets/stocks/articles/bcsm-exits-heartflow-htfl-competitive-124947141.html
- Published: 2026-09-17T12:49:47+00:00
- Read time: 1 min
- Topics: baron smid cap etf, heartflow, nasdaq, ai medical diagnostics, competitive concerns, stock exit, business, finance
## Baron SMID Cap ETF Q2 2026 Letter
Baron Capital released its second-quarter 2026 investor letter for the Baron SMID Cap ETF, which gained 15.62% NAV but underperformed the Russell 2500 Growth Index's 24.02% return.
## Heartflow Stock Details
Heartflow, Inc. (NASDAQ:HTFL) closed at $48.30 per share on September 16, 2026, with a market cap of $4.2 billion and a 52-week range of $20.13 to $51.78.
## Baron SMID Cap ETF's Reason for Exit
Baron SMID Cap ETF sold Heartflow stock as it grew incrementally more concerned with the presence of competitors in AI-driven medical diagnostics.

> Heartflow, Inc. (NASDAQ:HTFL) is a provider of software that analyzes CT scans (with contrast) of a patient's coronary arteries, and shows calcification, plaque buildup, and blood flow quality in a three dimensional model. We sold the position in the quarter as we grew incrementally more concerned with the presence of competitors on the market.
## Heartflow's Market Position
Heartflow, Inc. (NASDAQ:HTFL) is not on the 40 Most Popular Stocks Among Hedge Funds list, with 30 hedge fund portfolios holding it at the end of Q2 2026.
## Baron's Investment Strategy
Baron SMID Cap ETF believes AI stocks offer greater upside potential and less downside risk compared to Heartflow, Inc. (NASDAQ:HTFL).
## Key takeaway

Baron SMID Cap ETF sold Heartflow stock due to growing competitive threats in AI-driven medical diagnostics.