iShares Russell 2500 ETF (BATS:SMMD) Reaches New 52-Week High – What’s Next?

iShares Russell 2500 ETF (BATS:SMMD)’s share price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $69.87 and last traded at $68.71, with a volume of 104990 shares. The stock had previously closed at $68.30.

iShares Russell 2500 ETF Trading Up 2.8 %

The company has a market cap of $1.19 billion, a P/E ratio of 15.31 and a beta of 1.15. The business’s 50 day simple moving average is $70.34 and its 200 day simple moving average is $68.29.

Institutional Investors Weigh In On iShares Russell 2500 ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Fort Washington Investment Advisors Inc. OH grew its position in shares of iShares Russell 2500 ETF by 45.7% during the fourth quarter. Fort Washington Investment Advisors Inc. OH now owns 1,363,980 shares of the company’s stock worth $92,751,000 after purchasing an additional 427,780 shares in the last quarter. FMR LLC grew 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 buying an additional 210,399 shares in the last quarter. Kestra Investment Management LLC grew its holdings in iShares Russell 2500 ETF by 66.5% during the 4th quarter. Kestra Investment Management LLC now owns 549,769 shares of the company’s stock valued at $37,384,000 after buying an additional 219,514 shares in the last quarter. Wealthspire Advisors LLC raised its position in shares of iShares Russell 2500 ETF by 10.0% during the fourth quarter. Wealthspire Advisors LLC now owns 469,382 shares of the company’s stock valued at $31,918,000 after buying an additional 42,569 shares during the last quarter. Finally, CENTRAL TRUST Co lifted its holdings in shares of iShares Russell 2500 ETF by 34.6% in the fourth quarter. CENTRAL TRUST Co now owns 446,550 shares of the company’s stock worth $30,365,000 after buying an additional 114,904 shares in 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.