iShares Russell 2500 ETF (BATS:SMMD – Get Free Report)’s stock price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $69.87 and last traded at $70.07, with a volume of 104990 shares changing hands. The stock had previously closed at $68.30.
iShares Russell 2500 ETF Stock Up 2.1 %
The business has a fifty day moving average of $70.00 and a 200 day moving average of $68.45. The firm has a market cap of $1.19 billion, a P/E ratio of 15.31 and a beta of 1.15.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently made changes to their positions in the business. FMR LLC lifted its holdings in iShares Russell 2500 ETF by 41.5% during the 3rd quarter. FMR LLC now owns 717,116 shares of the company’s stock valued at $48,570,000 after purchasing an additional 210,399 shares during the last quarter. SC&H Financial Advisors Inc. lifted its stake in shares of iShares Russell 2500 ETF by 48.0% during the 3rd quarter. SC&H Financial Advisors Inc. now owns 4,834 shares of the company’s stock worth $327,000 after buying an additional 1,567 shares during the last quarter. HighTower Advisors LLC boosted its holdings in shares of iShares Russell 2500 ETF by 2.9% during the 3rd quarter. HighTower Advisors LLC now owns 137,168 shares of the company’s stock worth $9,291,000 after buying an additional 3,923 shares during the period. MidWestOne Financial Group Inc. acquired a new position in iShares Russell 2500 ETF in the 3rd quarter valued at about $1,418,000. Finally, HF Advisory Group LLC raised its holdings in iShares Russell 2500 ETF by 2.5% in the 3rd quarter. HF Advisory Group LLC now owns 17,351 shares of the company’s stock valued at $1,175,000 after acquiring an additional 421 shares during the period.
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.
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