iShares Russell 2500 ETF (BATS:SMMD) Reaches New 52-Week High – Here’s Why

Shares of iShares Russell 2500 ETF (BATS:SMMDGet Free Report) hit a new 52-week high on Monday . The stock traded as high as $69.87 and last traded at $63.14, with a volume of 104990 shares. The stock had previously closed at $68.30.

iShares Russell 2500 ETF Price Performance

The company has a 50 day moving average of $68.01 and a two-hundred day moving average of $68.68. The company has a market capitalization of $1.32 billion, a PE ratio of 17.67 and a beta of 1.18.

Institutional Trading of iShares Russell 2500 ETF

Several large investors have recently added to or reduced their stakes in the company. D.A. Davidson & CO. grew its stake in iShares Russell 2500 ETF by 5.2% during the 3rd quarter. D.A. Davidson & CO. now owns 4,553 shares of the company’s stock valued at $308,000 after purchasing an additional 225 shares during the last quarter. O Connor Financial Group LLC grew its stake in iShares Russell 2500 ETF by 6.7% during the 4th quarter. O Connor Financial Group LLC now owns 3,705 shares of the company’s stock valued at $252,000 after purchasing an additional 233 shares during the last quarter. Ulland Investment Advisors LLC boosted its stake in shares of iShares Russell 2500 ETF by 0.9% in the fourth quarter. Ulland Investment Advisors LLC now owns 26,795 shares of the company’s stock worth $1,822,000 after buying an additional 245 shares during the last quarter. Corient Private Wealth LLC boosted its stake in shares of iShares Russell 2500 ETF by 1.2% in the fourth quarter. Corient Private Wealth LLC now owns 23,711 shares of the company’s stock worth $1,612,000 after buying an additional 275 shares during the last quarter. Finally, ORG Partners LLC boosted its stake in shares of iShares Russell 2500 ETF by 39.3% in the fourth quarter. ORG Partners LLC now owns 1,050 shares of the company’s stock worth $71,000 after buying an additional 296 shares during the last quarter.

About iShares Russell 2500 ETF

(Get Free Report)

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.

Further Reading

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