iShares MSCI India Small-Cap ETF (BATS:SMIN) Hits New 52-Week High – What’s Next?

iShares MSCI India Small-Cap ETF (BATS:SMINGet Free Report)’s share price reached a new 52-week high on Monday . The stock traded as high as $72.45 and last traded at $64.93, with a volume of 201805 shares changing hands. The stock had previously closed at $71.69.

iShares MSCI India Small-Cap ETF Stock Down 9.6 %

The stock has a 50-day simple moving average of $72.20 and a two-hundred day simple moving average of $79.44. The firm has a market cap of $641.47 million, a PE ratio of 22.73 and a beta of 0.80.

Hedge Funds Weigh In On iShares MSCI India Small-Cap ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. Raymond James & Associates lifted its holdings in shares of iShares MSCI India Small-Cap ETF by 30.0% during the third quarter. Raymond James & Associates now owns 57,232 shares of the company’s stock valued at $4,922,000 after purchasing an additional 13,193 shares during the last quarter. Private Advisor Group LLC purchased a new position in iShares MSCI India Small-Cap ETF during the third quarter valued at $255,000. SteelPeak Wealth LLC bought a new position in shares of iShares MSCI India Small-Cap ETF during the 3rd quarter valued at approximately $1,108,000. US Bancorp DE bought a new stake in shares of iShares MSCI India Small-Cap ETF during the 3rd quarter valued at $61,000. Finally, Highland Financial Advisors LLC lifted its position 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 valued at $2,493,000 after acquiring an additional 461 shares in the last quarter.

iShares MSCI India Small-Cap ETF Company Profile

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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.

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