Mainsail Financial Group LLC Acquires 4,074 Shares of iShares MSCI India Small-Cap ETF (BATS:SMIN)

Mainsail Financial Group LLC lifted its stake in shares of iShares MSCI India Small-Cap ETF (BATS:SMIN) by 5.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 77,977 shares of the company’s stock after purchasing an additional 4,074 shares during the quarter. iShares MSCI India Small-Cap ETF comprises about 3.5% of Mainsail Financial Group LLC’s investment portfolio, making the stock its 10th largest holding. Mainsail Financial Group LLC owned 0.65% of iShares MSCI India Small-Cap ETF worth $5,961,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of the stock. Jennison Associates LLC bought a new stake in shares of iShares MSCI India Small-Cap ETF in the 3rd quarter worth $50,003,000. Franklin Resources Inc. grew its holdings in iShares MSCI India Small-Cap ETF by 38.9% during the third quarter. Franklin Resources Inc. now owns 754,768 shares of the company’s stock worth $64,344,000 after acquiring an additional 211,508 shares during the period. Kera Capital Partners Inc. bought a new stake in iShares MSCI India Small-Cap ETF in the fourth quarter worth about $8,284,000. Calton & Associates Inc. lifted its holdings in iShares MSCI India Small-Cap ETF by 1,295.9% in the 3rd quarter. Calton & Associates Inc. now owns 60,303 shares of the company’s stock valued at $5,186,000 after acquiring an additional 55,983 shares during the last quarter. Finally, HighTower Advisors LLC lifted its holdings in iShares MSCI India Small-Cap ETF by 146.3% in the 3rd quarter. HighTower Advisors LLC now owns 41,583 shares of the company’s stock valued at $3,581,000 after acquiring an additional 24,701 shares during the last quarter.

iShares MSCI India Small-Cap ETF Price Performance

Shares of SMIN opened at $69.01 on Friday. The firm’s 50 day moving average is $76.11 and its 200-day moving average is $80.65. iShares MSCI India Small-Cap ETF has a 12-month low of $40.25 and a 12-month high of $55.12. The stock has a market capitalization of $828.12 million, a P/E ratio of 28.28 and a beta of 0.46.

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.