iShares Russell 2500 ETF (BATS:SMMD) Hits New 1-Year 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 $73.26 and last traded at $72.99, with a volume of 380890 shares changing hands. The stock had previously closed at $72.16.

iShares Russell 2500 ETF Trading Down 0.6 %

The stock’s fifty day moving average price is $67.69 and its 200 day moving average price is $65.27. The stock has a market cap of $1.22 billion, a P/E ratio of 15.31 and a beta of 1.15.

Institutional Trading of iShares Russell 2500 ETF

Large investors have recently made changes to their positions in the company. Andina Capital Management LLC increased its stake in iShares Russell 2500 ETF by 1.0% in the 3rd quarter. Andina Capital Management LLC now owns 16,383 shares of the company’s stock valued at $1,110,000 after purchasing an additional 168 shares in the last quarter. Carmichael Hill & Associates Inc. grew its position in shares of iShares Russell 2500 ETF by 8.1% in the second quarter. Carmichael Hill & Associates Inc. now owns 2,369 shares of the company’s stock valued at $148,000 after purchasing an additional 178 shares during the period. Eagle Bay Advisors LLC boosted its holdings in iShares Russell 2500 ETF by 45.8% in the first quarter. Eagle Bay Advisors LLC now owns 573 shares of the company’s stock valued at $38,000 after acquiring an additional 180 shares during the last quarter. Mayfair Advisory Group LLC increased its stake in iShares Russell 2500 ETF by 4.1% during the third quarter. Mayfair Advisory Group LLC now owns 4,939 shares of the company’s stock worth $333,000 after acquiring an additional 195 shares during the last quarter. Finally, D.A. Davidson & CO. increased its stake in iShares Russell 2500 ETF by 5.2% during the third quarter. D.A. Davidson & CO. now owns 4,553 shares of the company’s stock worth $308,000 after acquiring an additional 225 shares during the last quarter.

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.