iShares Russell 2500 ETF (BATS:SMMD) Hits New 12-Month High – Here’s What Happened

Shares of iShares Russell 2500 ETF (BATS:SMMD) hit a new 52-week high during trading on Monday . The company traded as high as $84.83 and last traded at $84.78, with a volume of 243912 shares trading hands. The stock had previously closed at $84.32.

iShares Russell 2500 ETF Stock Performance

The company has a market capitalization of $1.82 billion, a PE ratio of 19.95 and a beta of 1.09. The stock’s 50 day moving average is $78.99 and its 200 day moving average is $76.97.

Institutional Trading of iShares Russell 2500 ETF

Institutional investors have recently modified their holdings of the business. Global Retirement Partners LLC lifted its stake in shares of 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 in the last quarter. Larson Financial Group LLC purchased a new stake in shares of iShares Russell 2500 ETF during the 4th quarter valued at approximately $30,000. PNC Financial Services Group Inc. lifted its stake 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 valued at $38,000 after buying an additional 502 shares in the last quarter. SHP Wealth Management purchased a new stake in shares of iShares Russell 2500 ETF during the 4th quarter valued at approximately $50,000. Finally, Federated Hermes Inc. purchased a new stake in shares of iShares Russell 2500 ETF during the 4th quarter valued at approximately $65,000.

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.