Shares of iShares Russell 2500 ETF (BATS:SMMD – Get Free Report) 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 traded. The stock had previously closed at $68.30.
iShares Russell 2500 ETF Price Performance
The business has a 50-day moving average of $70.07 and a 200 day moving average of $68.39. The company has a market capitalization of $1.19 billion, a PE ratio of 15.31 and a beta of 1.15.
Institutional Investors Weigh In On iShares Russell 2500 ETF
A number of hedge funds have recently bought and sold shares of SMMD. FMR LLC grew its stake in shares of iShares Russell 2500 ETF by 41.5% in the 3rd quarter. FMR LLC now owns 717,116 shares of the company’s stock worth $48,570,000 after buying an additional 210,399 shares in the last quarter. SC&H Financial Advisors Inc. grew its position in iShares Russell 2500 ETF by 48.0% in the third quarter. SC&H Financial Advisors Inc. now owns 4,834 shares of the company’s stock worth $327,000 after acquiring an additional 1,567 shares in the last quarter. HighTower Advisors LLC increased its stake in iShares Russell 2500 ETF by 2.9% during the third quarter. HighTower Advisors LLC now owns 137,168 shares of the company’s stock worth $9,291,000 after acquiring an additional 3,923 shares during the last quarter. MidWestOne Financial Group Inc. bought a new stake in shares of iShares Russell 2500 ETF in the 3rd quarter valued at approximately $1,418,000. Finally, HF Advisory Group LLC lifted its position in iShares Russell 2500 ETF by 2.5% in the third quarter. HF Advisory Group LLC now owns 17,351 shares of the company’s stock worth $1,175,000 after buying an additional 421 shares during the last quarter.
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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