iShares Russell 2500 ETF (BATS:SMMD) Reaches New 52-Week High at $66.59

iShares Russell 2500 ETF (BATS:SMMD)’s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $66.59 and last traded at $66.51, with a volume of 102775 shares trading hands. The stock had previously closed at $66.19.

iShares Russell 2500 ETF Stock Up 0.1 %

The company has a fifty day moving average price of $65.32 and a 200 day moving average price of $63.87. The stock has a market cap of $1.14 billion, a PE ratio of 15.31 and a beta of 1.15.

Hedge Funds Weigh In On iShares Russell 2500 ETF

A number of large investors have recently bought and sold shares of the stock. Eagle Bay Advisors LLC grew its holdings in shares of iShares Russell 2500 ETF by 45.8% in the first quarter. Eagle Bay Advisors LLC now owns 573 shares of the company’s stock worth $38,000 after purchasing an additional 180 shares during the last quarter. ORG Partners LLC bought a new stake in iShares Russell 2500 ETF in the 2nd quarter worth $47,000. EverSource Wealth Advisors LLC purchased a new position in shares of iShares Russell 2500 ETF in the first quarter valued at about $105,000. Parallel Advisors LLC raised its stake in shares of iShares Russell 2500 ETF by 810.7% during the fourth quarter. Parallel Advisors LLC now owns 2,213 shares of the company’s stock valued at $136,000 after acquiring an additional 1,970 shares during the last quarter. Finally, 1620 Investment Advisors Inc. purchased a new stake in shares of iShares Russell 2500 ETF during the second quarter worth about $146,000.

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.