iShares Russell 2500 ETF (BATS:SMMD) Sets New 12-Month High – Here’s What Happened

iShares Russell 2500 ETF (BATS:SMMD)’s stock price reached a new 52-week high on Friday . The stock traded as high as $89.44 and last traded at $89.05, with a volume of 7510 shares changing hands. The stock had previously closed at $88.92.

iShares Russell 2500 ETF Stock Performance

The stock has a 50 day moving average price of $84.71 and a two-hundred day moving average price of $80.27. The company has a market capitalization of $1.93 billion, a PE ratio of 19.95 and a beta of 1.09.

Institutional Trading of iShares Russell 2500 ETF

Large investors have recently modified their holdings of the company. Angeles Wealth Management LLC grew its stake in iShares Russell 2500 ETF by 150.3% in the 1st quarter. Angeles Wealth Management LLC now owns 358 shares of the company’s stock valued at $27,000 after buying an additional 215 shares during the last quarter. Global Retirement Partners LLC boosted its holdings in iShares Russell 2500 ETF by 423.3% during the fourth quarter. Global Retirement Partners LLC now owns 382 shares of the company’s stock valued at $29,000 after acquiring an additional 309 shares during the period. Larson Financial Group LLC acquired a new stake in shares of iShares Russell 2500 ETF in the fourth quarter valued at about $30,000. PNC Financial Services Group Inc. increased its stake in shares of iShares Russell 2500 ETF by 5,020.0% in the fourth quarter. PNC Financial Services Group Inc. now owns 512 shares of the company’s stock worth $38,000 after purchasing an additional 502 shares during the period. Finally, SHP Wealth Management bought a new position in shares of iShares Russell 2500 ETF in the fourth quarter worth about $50,000.

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.