iShares MSCI India Small-Cap ETF (BATS:SMIN) Hits New 12-Month High – Should You Buy?

iShares MSCI India Small-Cap ETF (BATS:SMIN) shares reached a new 52-week high on Monday . The company traded as high as $72.45 and last traded at $64.93, with a volume of 201805 shares trading hands. The stock had previously closed at $71.69.

iShares MSCI India Small-Cap ETF Trading Down 9.4 %

The stock has a market cap of $643.25 million, a PE ratio of 22.73 and a beta of 0.80. The company’s 50 day moving average is $71.54 and its 200-day moving average is $79.21.

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. Quantinno Capital Management LP purchased a new position in iShares MSCI India Small-Cap ETF in the fourth quarter valued at about $960,000. Main Management ETF Advisors LLC raised its position in shares of iShares MSCI India Small-Cap ETF by 0.6% in the 4th quarter. Main Management ETF Advisors LLC now owns 49,600 shares of the company’s stock valued at $3,792,000 after purchasing an additional 300 shares in the last quarter. Jane Street Group LLC boosted its stake in shares of iShares MSCI India Small-Cap ETF by 197.5% during the 4th quarter. Jane Street Group LLC now owns 547,845 shares of the company’s stock valued at $41,883,000 after buying an additional 363,698 shares during the last quarter. GG Group Ventures LLC grew its position in shares of iShares MSCI India Small-Cap ETF by 30.1% during the fourth quarter. GG Group Ventures LLC now owns 14,710 shares of the company’s stock worth $1,125,000 after buying an additional 3,399 shares in the last quarter. Finally, Two Sigma Securities LLC bought a new stake in shares of iShares MSCI India Small-Cap ETF in the fourth quarter worth $251,000.

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.