Franklin Resources Inc. Acquires 211,508 Shares of iShares MSCI India Small-Cap ETF (BATS:SMIN)

Franklin Resources Inc. lifted its holdings in shares of iShares MSCI India Small-Cap ETF (BATS:SMIN) by 38.9% in the third quarter, according to its most recent filing with the SEC. The firm owned 754,768 shares of the company’s stock after acquiring an additional 211,508 shares during the period. Franklin Resources Inc. owned approximately 0.06% of iShares MSCI India Small-Cap ETF worth $64,344,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Brookstone Capital Management acquired a new position in iShares MSCI India Small-Cap ETF in the second quarter worth about $338,000. Renaissance Technologies LLC grew its stake in shares of iShares MSCI India Small-Cap ETF by 1,202.3% in the 2nd quarter. Renaissance Technologies LLC now owns 56,000 shares of the company’s stock valued at $4,529,000 after purchasing an additional 51,700 shares during the period. Bryn Mawr Capital Management LLC raised its holdings in shares of iShares MSCI India Small-Cap ETF by 659.0% in the 2nd quarter. Bryn Mawr Capital Management LLC now owns 9,814 shares of the company’s stock worth $792,000 after buying an additional 8,521 shares in the last quarter. Susquehanna International Group Ltd. lifted its position in shares of iShares MSCI India Small-Cap ETF by 60.1% during the 2nd quarter. Susquehanna International Group Ltd. now owns 52,046 shares of the company’s stock worth $4,209,000 after buying an additional 19,533 shares during the period. Finally, National Bank of Canada FI boosted its stake in iShares MSCI India Small-Cap ETF by 50.3% in the 2nd quarter. National Bank of Canada FI now owns 1,181 shares of the company’s stock valued at $96,000 after buying an additional 395 shares in the last quarter.

iShares MSCI India Small-Cap ETF Price Performance

Shares of BATS:SMIN opened at $84.39 on Tuesday. The business’s fifty day moving average price is $82.61 and its two-hundred day moving average price is $82.42. iShares MSCI India Small-Cap ETF has a fifty-two week low of $40.25 and a fifty-two week high of $55.12. The stock has a market capitalization of $1.01 billion, a price-to-earnings ratio of 28.28 and a beta of 0.46.

About iShares MSCI India Small-Cap ETF

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.