iShares Russell 2500 ETF (BATS:SMMD) Sets New 52-Week High at $68.03

iShares Russell 2500 ETF (BATS:SMMD)’s stock price reached a new 52-week high during mid-day trading on Monday . The company traded as high as $68.03 and last traded at $67.75, with a volume of 25656 shares changing hands. The stock had previously closed at $67.69.

iShares Russell 2500 ETF Trading Up 0.1 %

The firm has a market capitalization of $1.15 billion, a price-to-earnings ratio of 15.31 and a beta of 1.15. The firm has a fifty day moving average price of $65.45 and a 200 day moving average price of $63.93.

Institutional Investors Weigh In On iShares Russell 2500 ETF

Several institutional investors have recently made changes to their positions in SMMD. Fort Washington Investment Advisors Inc. OH bought a new stake in shares of iShares Russell 2500 ETF during the 2nd quarter valued at $30,424,000. US Bancorp DE lifted its holdings in shares of iShares Russell 2500 ETF by 16.6% in the fourth quarter. US Bancorp DE now owns 294,360 shares of the company’s stock worth $18,124,000 after buying an additional 41,847 shares in the last quarter. Red Mountain Financial LLC bought a new position in shares of iShares Russell 2500 ETF in the fourth quarter valued at approximately $295,000. Cresset Asset Management LLC boosted its position in shares of iShares Russell 2500 ETF by 149.1% in the fourth quarter. Cresset Asset Management LLC now owns 509,552 shares of the company’s stock valued at $31,373,000 after acquiring an additional 305,015 shares during the period. Finally, Integrated Advisors Network LLC purchased a new position in iShares Russell 2500 ETF during the fourth quarter valued at approximately $866,000.

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.