iShares MSCI India Small-Cap ETF (BATS:SMIN) Sets New 12-Month High – What’s Next?

iShares MSCI India Small-Cap ETF (BATS:SMIN)’s stock price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $72.45 and last traded at $72.32, with a volume of 201805 shares traded. The stock had previously closed at $71.69.

iShares MSCI India Small-Cap ETF Price Performance

The company has a 50 day simple moving average of $79.47 and a 200-day simple moving average of $82.05. The stock has a market capitalization of $868.45 million, a P/E ratio of 28.28 and a beta of 0.46.

Institutional Investors Weigh In On iShares MSCI India Small-Cap ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. National Bank of Canada FI increased its stake in shares of iShares MSCI India Small-Cap ETF by 13.9% in the third quarter. National Bank of Canada FI now owns 1,345 shares of the company’s stock worth $116,000 after purchasing an additional 164 shares in the last quarter. Oppenheimer & Co. Inc. boosted its holdings in iShares MSCI India Small-Cap ETF by 9.6% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 3,141 shares of the company’s stock worth $270,000 after buying an additional 276 shares during the period. Blue Trust Inc. raised its holdings 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 acquiring an additional 287 shares during the period. Advisors Management Group Inc. ADV lifted its position in shares of iShares MSCI India Small-Cap ETF by 3.1% during the third quarter. Advisors Management Group Inc. ADV now owns 9,747 shares of the company’s stock worth $838,000 after acquiring an additional 293 shares in the last quarter. Finally, Highland Financial Advisors LLC boosted its holdings in shares of iShares MSCI India Small-Cap ETF by 1.6% in the third quarter. Highland Financial Advisors LLC now owns 28,989 shares of the company’s stock worth $2,493,000 after acquiring an additional 461 shares during the period.

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.