iShares Russell 2500 ETF (BATS:SMMD) Hits New 12-Month High at $65.69

iShares Russell 2500 ETF (BATS:SMMD) reached a new 52-week high during trading on Monday . The stock traded as high as $65.69 and last traded at $65.57, with a volume of 90715 shares trading hands. The stock had previously closed at $65.04.

iShares Russell 2500 ETF Stock Up 0.8 %

The company has a market cap of $1.11 billion, a P/E ratio of 15.31 and a beta of 1.15. The business has a 50-day moving average price of $63.72 and a two-hundred day moving average price of $63.23.

Institutional Investors Weigh In On iShares Russell 2500 ETF

Institutional investors have recently modified their holdings of the business. Coldstream Capital Management Inc. boosted its stake in iShares Russell 2500 ETF by 8.4% in the fourth quarter. Coldstream Capital Management Inc. now owns 1,554,735 shares of the company’s stock valued at $95,725,000 after acquiring an additional 120,123 shares during the last quarter. Fifth Third Bancorp boosted its position in shares of iShares Russell 2500 ETF by 4.0% in the 2nd quarter. Fifth Third Bancorp now owns 563,524 shares of the company’s stock worth $35,277,000 after purchasing an additional 21,891 shares during the last quarter. Cresset Asset Management LLC grew its stake in shares of iShares Russell 2500 ETF by 149.1% during the fourth quarter. Cresset Asset Management LLC now owns 509,552 shares of the company’s stock worth $31,373,000 after purchasing an additional 305,015 shares during the period. Fort Washington Investment Advisors Inc. OH bought a new stake in iShares Russell 2500 ETF in the second quarter valued at about $30,424,000. Finally, Wealthspire Advisors LLC lifted its stake in iShares Russell 2500 ETF by 14.0% in the fourth quarter. Wealthspire Advisors LLC now owns 425,056 shares of the company’s stock valued at $26,171,000 after buying an additional 52,101 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.