iShares Russell 2500 ETF (BATS:SMMD) Reaches New 1-Year High at $55.43

iShares Russell 2500 ETF (BATS:SMMD)’s stock price reached a new 52-week high during trading on Monday . The company traded as high as $55.43 and last traded at $55.34, with a volume of 47260 shares changing hands. The stock had previously closed at $55.11.

iShares Russell 2500 ETF Stock Up 0.4 %

The stock has a fifty day simple moving average of $53.69 and a 200 day simple moving average of $55.67. The firm has a market capitalization of $755.53 million, a P/E ratio of 12.68 and a beta of 1.14.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Raymond James Financial Services Advisors Inc. raised its stake in shares of iShares Russell 2500 ETF by 311.2% in the first quarter. Raymond James Financial Services Advisors Inc. now owns 15,668 shares of the company’s stock valued at $977,000 after acquiring an additional 11,858 shares in the last quarter. Blair William & Co. IL raised its stake in shares of iShares Russell 2500 ETF by 348.3% in the first quarter. Blair William & Co. IL now owns 1,950 shares of the company’s stock valued at $122,000 after acquiring an additional 1,515 shares in the last quarter. Flow Traders U.S. LLC acquired a new stake in shares of iShares Russell 2500 ETF in the first quarter valued at $992,000. Mariner LLC raised its stake in shares of iShares Russell 2500 ETF by 94.3% in the first quarter. Mariner LLC now owns 29,118 shares of the company’s stock valued at $1,816,000 after acquiring an additional 14,134 shares in the last quarter. Finally, Atria Wealth Solutions Inc. acquired a new stake in shares of iShares Russell 2500 ETF in the first quarter valued at $250,000.

iShares Russell 2500 ETF Company Profile

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.