iShares Russell 2500 ETF (BATS:SMMD) Sets New 1-Year High at $64.55

iShares Russell 2500 ETF (BATS:SMMD) shares reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $64.55 and last traded at $64.11, with a volume of 74678 shares changing hands. The stock had previously closed at $63.83.

iShares Russell 2500 ETF Stock Up 0.3 %

The stock’s 50-day moving average price is $64.86 and its 200 day moving average price is $63.75. The firm has a market capitalization of $1.09 billion, a price-to-earnings ratio of 15.31 and a beta of 1.15.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the stock. Fort Washington Investment Advisors Inc. OH purchased a new position in shares of iShares Russell 2500 ETF in the second quarter valued at approximately $30,424,000. Cresset Asset Management LLC raised its holdings in iShares Russell 2500 ETF by 149.1% during the fourth quarter. Cresset Asset Management LLC now owns 509,552 shares of the company’s stock worth $31,373,000 after purchasing an additional 305,015 shares in the last quarter. Kestra Investment Management LLC acquired a new stake in iShares Russell 2500 ETF during the second quarter worth approximately $18,279,000. Heritage Family Offices LLP acquired a new stake in iShares Russell 2500 ETF during the second quarter worth approximately $12,127,000. Finally, Orion Portfolio Solutions LLC raised its holdings in iShares Russell 2500 ETF by 72.7% during the fourth quarter. Orion Portfolio Solutions LLC now owns 285,764 shares of the company’s stock worth $17,300,000 after purchasing an additional 120,330 shares in 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.