3-May-2024
No headlines found.
No press releases found.
No news found.
The iShares Russell 2500 ETF seeks to track the investment results of an index composed of mid- and small-capitalization U.S. equities. The Underlying Index is a float-adjusted capitalization-weighted index of equity securities issued by approximately 2,500 of the smallest issuers in the Russell 3000 Index.
iShares Trust iShares Russell 2500 ETF trades on the BATS stock market under the symbol SMMD.
As of May 3, 2024, SMMD stock price climbed to $62.74 with 30,989 million shares trading.
SMMD has a beta of 1.16, meaning it tends to be more sensitive to market movements. SMMD has a correlation of 0.70 to the broad based SPY ETF.
SMMD has a market cap of $1.06 billion. This is considered a Small Cap stock.
In the last 3 years, SMMD stock traded as high as $70.76 and as low as $49.00.
SMMD stock has underperformed the market in the last year with a return of +19.6%, while SPY returned +27.0%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in SMMD shares. However, SMMD has outperformed the market in the last 3 month and 2 week periods, returning +4.0% and +3.9%, while SPY returned +3.7% and +3.3%, respectively. This indicates SMMD has been having a stronger performance recently.
SMMD support price is $61.26 and resistance is $62.82 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SMMD stock will trade within this expected range on the day.