iShares Russell 2500 ETF (BATS:SMMD) Sets New 1-Year High at $52.69

iShares Russell 2500 ETF (BATS:SMMD)’s share price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $52.69 and last traded at $52.58, with a volume of 116375 shares changing hands. The stock had previously closed at $52.63.

iShares Russell 2500 ETF Price Performance

The firm has a market cap of $750.61 million, a P/E ratio of 12.68 and a beta of 1.14. The firm’s 50-day moving average price is $53.81 and its 200 day moving average price is $55.64.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the company. Patriot Investment Management Group Inc. bought a new position in shares of iShares Russell 2500 ETF in the 4th quarter worth about $28,000. Harbour Investments Inc. lifted its holdings in iShares Russell 2500 ETF by 60.8% in the second quarter. Harbour Investments Inc. now owns 566 shares of the company’s stock worth $33,000 after acquiring an additional 214 shares during the last quarter. Money Concepts Capital Corp boosted its stake in iShares Russell 2500 ETF by 160.2% in the fourth quarter. Money Concepts Capital Corp now owns 614 shares of the company’s stock valued at $33,000 after acquiring an additional 378 shares during the period. Parallel Advisors LLC bought a new position in shares of iShares Russell 2500 ETF during the second quarter valued at approximately $34,000. Finally, Citigroup Inc. raised its position in shares of iShares Russell 2500 ETF by 11,262.5% during the 3rd quarter. Citigroup Inc. now owns 909 shares of the company’s stock worth $50,000 after purchasing an additional 901 shares during the period.

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.