iShares Russell 2500 ETF (BATS:SMMD) Trading Up 0.6% – Here’s What Happened

iShares Russell 2500 ETF (BATS:SMMD) shares were up 0.6% during trading on Monday . The company traded as high as $88.07 and last traded at $87.52. 348,090 shares were traded during mid-day trading, an increase of 14% from the average session volume of 305,246 shares. The stock had previously closed at $86.97.

iShares Russell 2500 ETF Stock Down 1.4%

The stock has a 50-day simple moving average of $90.25 and a 200 day simple moving average of $86.46. The company has a market cap of $1.86 billion, a PE ratio of 19.95 and a beta of 1.09.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Angeles Wealth Management LLC boosted its stake in shares of iShares Russell 2500 ETF by 150.3% in the 1st quarter. Angeles Wealth Management LLC now owns 358 shares of the company’s stock valued at $27,000 after buying an additional 215 shares during the period. Larson Financial Group LLC purchased a new stake in shares of iShares Russell 2500 ETF in the 4th quarter valued at approximately $30,000. SHP Wealth Management acquired a new stake in shares of iShares Russell 2500 ETF in the 4th quarter valued at $50,000. Assetmark Inc. raised its holdings in shares of iShares Russell 2500 ETF by 3,988.9% in the 1st quarter. Assetmark Inc. now owns 736 shares of the company’s stock valued at $56,000 after purchasing an additional 718 shares in the last quarter. Finally, Ascentis Independent Advisors purchased a new stake in shares of iShares Russell 2500 ETF during the 1st quarter worth $58,000.

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.