iShares Russell 2500 ETF (BATS:SMMD) Hits New 1-Year High at $63.01

Shares of iShares Russell 2500 ETF (BATS:SMMDGet Free Report) hit a new 52-week high on Monday . The stock traded as high as $63.01 and last traded at $62.82, with a volume of 45876 shares trading hands. The stock had previously closed at $62.27.

iShares Russell 2500 ETF Price Performance

The stock has a 50-day moving average price of $62.78 and a 200-day moving average price of $62.17. The company has a market capitalization of $1.07 billion, a P/E ratio of 15.31 and a beta of 1.15.

Institutional Trading of iShares Russell 2500 ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Eagle Bay Advisors LLC raised its stake in iShares Russell 2500 ETF by 45.8% during the first quarter. Eagle Bay Advisors LLC now owns 573 shares of the company’s stock worth $38,000 after buying an additional 180 shares during the last quarter. Citigroup Inc. increased its stake in iShares Russell 2500 ETF by 11,262.5% during the 3rd quarter. Citigroup Inc. now owns 909 shares of the company’s stock valued at $50,000 after purchasing an additional 901 shares in the last quarter. IAG Wealth Partners LLC bought a new stake in iShares Russell 2500 ETF during the fourth quarter worth $88,000. EverSource Wealth Advisors LLC purchased a new stake in iShares Russell 2500 ETF in the 1st quarter valued at $105,000. Finally, Parallel Advisors LLC lifted its stake in iShares Russell 2500 ETF by 810.7% during the 4th quarter. Parallel Advisors LLC now owns 2,213 shares of the company’s stock valued at $136,000 after acquiring an additional 1,970 shares in 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.

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