iShares Russell 2500 ETF (BATS:SMMD) Hits New 1-Year High – What’s Next?

iShares Russell 2500 ETF (BATS:SMMD) shares reached a new 52-week high during mid-day trading on Monday . The company traded as high as $69.87 and last traded at $67.01, with a volume of 104990 shares trading hands. The stock had previously closed at $68.30.

iShares Russell 2500 ETF Price Performance

The business has a 50 day simple moving average of $69.05 and a 200 day simple moving average of $68.89. The stock has a market cap of $1.34 billion, a PE ratio of 18.41 and a beta of 1.17.

Institutional Investors Weigh In On iShares Russell 2500 ETF

Large investors have recently made changes to their positions in the company. Eagle Bay Advisors LLC acquired a new stake in iShares Russell 2500 ETF in the fourth quarter valued at approximately $30,000. National Bank of Canada FI bought a new position in shares of iShares Russell 2500 ETF during the 4th quarter valued at $32,000. Transcendent Capital Group LLC lifted its stake in shares of iShares Russell 2500 ETF by 396.0% in the 4th quarter. Transcendent Capital Group LLC now owns 496 shares of the company’s stock valued at $34,000 after purchasing an additional 396 shares during the last quarter. Private Trust Co. NA bought a new stake in iShares Russell 2500 ETF in the fourth quarter worth $34,000. Finally, ORG Partners LLC increased its position in iShares Russell 2500 ETF by 39.3% during 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.

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.