Stock price when the opinion was issued
Interesting ETF to get broad exposure to small caps. Have to always be really careful with the small-cap ETFs because you end up owning a lot of low-quality stocks. He focuses on high-quality names. Make sure you don't just blindly buy these indices, as you're going to end up owning a whole bunch of stocks that you probably wouldn't own individually in your portfolio.
For example, he remembers looking at IWM a few years ago and Plug Power was in there. It was a dog's breakfast then, and he thinks it's going bankrupt now or close to it.
So he'd focus more on specific stock names. They tend to move along with the indices, but you have more control over whether you want to own them or not.