iShares MSCI India Small-Cap ETF (BATS:SMIN) Sets New 1-Year High – Here’s Why

iShares MSCI India Small-Cap ETF (BATS:SMIN)’s stock price reached a new 52-week high on Tuesday . The company traded as high as $72.45 and last traded at $69.10, with a volume of 201805 shares traded. The stock had previously closed at $71.69.

iShares MSCI India Small-Cap ETF Stock Performance

The stock’s 50-day moving average price is $77.10 and its two-hundred day moving average price is $80.98. The stock has a market capitalization of $829.22 million, a PE ratio of 28.28 and a beta of 0.46.

Institutional Trading of iShares MSCI India Small-Cap ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the business. National Bank of Canada FI grew its position in iShares MSCI India Small-Cap ETF by 13.9% during the 3rd quarter. National Bank of Canada FI now owns 1,345 shares of the company’s stock valued at $116,000 after purchasing an additional 164 shares during the last quarter. Oppenheimer & Co. Inc. grew its position in iShares MSCI India Small-Cap ETF by 9.6% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 3,141 shares of the company’s stock valued at $270,000 after purchasing an additional 276 shares during the last quarter. Blue Trust Inc. grew its position in iShares MSCI India Small-Cap ETF by 10.3% during the 3rd quarter. Blue Trust Inc. now owns 3,083 shares of the company’s stock valued at $249,000 after purchasing an additional 287 shares during the last quarter. Advisors Management Group Inc. ADV grew its position in iShares MSCI India Small-Cap ETF by 3.1% during the 3rd quarter. Advisors Management Group Inc. ADV now owns 9,747 shares of the company’s stock valued at $838,000 after purchasing an additional 293 shares during the last quarter. Finally, Bryn Mawr Capital Management LLC grew its position in iShares MSCI India Small-Cap ETF by 3.7% during the 4th quarter. Bryn Mawr Capital Management LLC now owns 9,168 shares of the company’s stock valued at $701,000 after purchasing an additional 324 shares during the last quarter.

iShares MSCI India Small-Cap ETF Company Profile

The iShares MSCI India Small-Cap ETF (SMIN) is an exchange-traded fund that is based on the MSCI India Small Cap index, a market-cap-weighted index of the bottom 14% of companies traded on Indian stock markets. SMIN was launched on Feb 8, 2012 and is managed by BlackRock.