iShares Russell 2500 ETF (BATS:SMMD – Get Free Report) shares reached a new 52-week high during trading on Wednesday . The stock traded as high as $91.92 and last traded at $91.12, with a volume of 7944 shares changing hands. The stock had previously closed at $91.63.
iShares Russell 2500 ETF Trading Up 0.1%
The stock has a 50-day simple moving average of $87.33 and a 200-day simple moving average of $81.66. The company has a market cap of $1.97 billion, a price-to-earnings ratio of 19.95 and a beta of 1.09.
Institutional Investors Weigh In On iShares Russell 2500 ETF
A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Angeles Wealth Management LLC lifted its holdings in iShares Russell 2500 ETF by 150.3% in the first quarter. Angeles Wealth Management LLC now owns 358 shares of the company’s stock worth $27,000 after purchasing an additional 215 shares during the period. Global Retirement Partners LLC increased its stake in iShares Russell 2500 ETF by 423.3% during the 4th quarter. Global Retirement Partners LLC now owns 382 shares of the company’s stock valued at $29,000 after buying an additional 309 shares during the period. Larson Financial Group LLC bought a new stake in shares of iShares Russell 2500 ETF during the 4th quarter worth about $30,000. PNC Financial Services Group Inc. raised its position in shares of iShares Russell 2500 ETF by 5,020.0% during the 4th quarter. PNC Financial Services Group Inc. now owns 512 shares of the company’s stock worth $38,000 after buying an additional 502 shares in the last quarter. Finally, SHP Wealth Management acquired a new stake in shares of iShares Russell 2500 ETF in the 4th quarter worth approximately $50,000.
About iShares Russell 2500 ETF
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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