iShares Russell 2500 ETF (BATS:SMMD) Hits New 1-Year High – Should You Buy?

iShares Russell 2500 ETF (BATS:SMMDGet Free Report)’s stock price hit a new 52-week high on Thursday . The stock traded as high as $69.87 and last traded at $69.66, with a volume of 104990 shares traded. The stock had previously closed at $68.30.

iShares Russell 2500 ETF Trading Up 2.1 %

The stock has a market capitalization of $1.19 billion, a P/E ratio of 15.31 and a beta of 1.15. The company has a fifty day simple moving average of $70.65 and a two-hundred day simple moving average of $67.64.

Institutional Investors Weigh In On iShares Russell 2500 ETF

A number of institutional investors and hedge funds have recently modified their holdings of the business. Andina Capital Management LLC grew its stake in shares of iShares Russell 2500 ETF by 1.0% during the third quarter. Andina Capital Management LLC now owns 16,383 shares of the company’s stock worth $1,110,000 after purchasing an additional 168 shares during the period. Mayfair Advisory Group LLC grew its holdings in iShares Russell 2500 ETF by 4.1% during the third quarter. Mayfair Advisory Group LLC now owns 4,939 shares of the company’s stock valued at $333,000 after purchasing an additional 195 shares during the period. D.A. Davidson & CO. increased its stake in iShares Russell 2500 ETF by 5.2% in the third quarter. D.A. Davidson & CO. now owns 4,553 shares of the company’s stock valued at $308,000 after purchasing an additional 225 shares in the last quarter. O Connor Financial Group LLC raised its holdings in iShares Russell 2500 ETF by 6.7% in the fourth quarter. O Connor Financial Group LLC now owns 3,705 shares of the company’s stock worth $252,000 after purchasing an additional 233 shares during the period. Finally, Ulland Investment Advisors LLC raised its stake in iShares Russell 2500 ETF by 0.9% during the 4th quarter. Ulland Investment Advisors LLC now owns 26,795 shares of the company’s stock worth $1,822,000 after buying an additional 245 shares during the period.

iShares Russell 2500 ETF Company Profile

(Get Free Report)

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.

See Also

Receive News & Ratings for iShares Russell 2500 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Russell 2500 ETF and related companies with MarketBeat.com's FREE daily email newsletter.