iShares Russell 2500 ETF (BATS:SMMD) Sets New 1-Year High – What’s Next?

iShares Russell 2500 ETF (BATS:SMMD)’s stock price hit a new 52-week high on Tuesday . The company traded as high as $88.26 and last traded at $87.75, with a volume of 3324 shares. The stock had previously closed at $86.37.

iShares Russell 2500 ETF Price Performance

The stock has a market capitalization of $1.89 billion, a P/E ratio of 19.95 and a beta of 1.09. The stock’s fifty day moving average is $81.56 and its two-hundred day moving average is $78.85.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Angeles Wealth Management LLC lifted its holdings in iShares Russell 2500 ETF by 150.3% during the 1st quarter. Angeles Wealth Management LLC now owns 358 shares of the company’s stock valued at $27,000 after purchasing an additional 215 shares during the last quarter. Global Retirement Partners LLC lifted its holdings in iShares Russell 2500 ETF by 423.3% during the 4th quarter. Global Retirement Partners LLC now owns 382 shares of the company’s stock valued at $29,000 after purchasing an additional 309 shares during the last quarter. Larson Financial Group LLC bought a new position in iShares Russell 2500 ETF during the 4th quarter valued at about $30,000. PNC Financial Services Group Inc. lifted its holdings in iShares Russell 2500 ETF by 5,020.0% during the 4th quarter. PNC Financial Services Group Inc. now owns 512 shares of the company’s stock valued at $38,000 after purchasing an additional 502 shares during the last quarter. Finally, SHP Wealth Management bought a new position in iShares Russell 2500 ETF during the 4th quarter valued at 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.