iShares Russell 2500 ETF (BATS:SMMD) Reaches New 12-Month High at $62.53

Shares of iShares Russell 2500 ETF (BATS:SMMD) reached a new 52-week high during trading on Monday . The stock traded as high as $62.53 and last traded at $62.40, with a volume of 74005 shares trading hands. The stock had previously closed at $61.94.

iShares Russell 2500 ETF Trading Up 0.7 %

The stock has a market capitalization of $1.05 billion, a PE ratio of 14.69 and a beta of 1.16. The firm’s 50-day moving average price is $63.10 and its 200-day moving average price is $59.52.

Hedge Funds Weigh In On iShares Russell 2500 ETF

A number of large investors have recently made changes to their positions in the company. Citigroup Inc. lifted its stake 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 acquiring an additional 901 shares during the last quarter. IAG Wealth Partners LLC purchased a new stake in iShares Russell 2500 ETF in the fourth quarter worth $88,000. Parallel Advisors LLC lifted its position in shares of iShares Russell 2500 ETF by 810.7% during the fourth quarter. Parallel Advisors LLC now owns 2,213 shares of the company’s stock worth $136,000 after purchasing an additional 1,970 shares during the last quarter. Capital Analysts LLC bought a new position in shares of iShares Russell 2500 ETF in the fourth quarter worth about $151,000. Finally, Tompkins Financial Corp purchased a new position in shares of iShares Russell 2500 ETF during the fourth quarter worth approximately $151,000.

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.