iShares Russell 2500 ETF (BATS:SMMD) Sets New 1-Year High at $63.01

Shares of iShares Russell 2500 ETF (BATS:SMMD) reached a new 52-week high during trading on Monday . The stock traded as high as $63.01 and last traded at $61.25, with a volume of 67419 shares traded. The stock had previously closed at $62.08.

iShares Russell 2500 ETF Trading Down 0.5 %

The company has a market cap of $1.01 billion, a price-to-earnings ratio of 14.72 and a beta of 1.16. The company’s 50 day moving average price is $63.16 and its 200 day moving average price is $59.09.

Institutional Trading of iShares Russell 2500 ETF

Several hedge funds have recently made changes to their positions in SMMD. Congress Wealth Management LLC DE lifted its stake in shares of iShares Russell 2500 ETF by 11.6% in the third quarter. Congress Wealth Management LLC DE now owns 4,269 shares of the company’s stock valued at $233,000 after purchasing an additional 444 shares during the period. CWA Asset Management Group LLC acquired a new stake in shares of iShares Russell 2500 ETF in the third quarter valued at about $3,365,000. Citigroup Inc. lifted its stake in shares of iShares Russell 2500 ETF by 11,262.5% in the third quarter. Citigroup Inc. now owns 909 shares of the company’s stock valued at $50,000 after purchasing an additional 901 shares during the period. US Bancorp DE lifted its stake in shares of iShares Russell 2500 ETF by 3.8% in the third quarter. US Bancorp DE now owns 252,513 shares of the company’s stock valued at $13,764,000 after purchasing an additional 9,311 shares during the period. Finally, Dfpg Investments LLC lifted its stake in shares of iShares Russell 2500 ETF by 9.8% in the fourth quarter. Dfpg Investments LLC now owns 10,747 shares of the company’s stock valued at $641,000 after purchasing an additional 963 shares during the period.

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.