DRW Securities LLC Makes New $339,000 Investment in iShares MSCI India Small-Cap ETF (BATS:SMIN)

DRW Securities LLC purchased a new position in shares of iShares MSCI India Small-Cap ETF (BATS:SMIN) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 4,432 shares of the company’s stock, valued at approximately $339,000.

Several other institutional investors and hedge funds also recently made changes to their positions in SMIN. Raymond James Financial Inc. bought a new position in iShares MSCI India Small-Cap ETF during the fourth quarter valued at $5,451,000. Envestnet Asset Management Inc. grew its position in shares of iShares MSCI India Small-Cap ETF by 5.2% in the fourth quarter. Envestnet Asset Management Inc. now owns 26,025 shares of the company’s stock valued at $1,990,000 after purchasing an additional 1,298 shares in the last quarter. Perennial Investment Advisors LLC raised its stake in shares of iShares MSCI India Small-Cap ETF by 13.5% during the 4th quarter. Perennial Investment Advisors LLC now owns 12,487 shares of the company’s stock valued at $955,000 after purchasing an additional 1,486 shares during the period. OLD Mission Capital LLC lifted its holdings in iShares MSCI India Small-Cap ETF by 1,031.9% during the 4th quarter. OLD Mission Capital LLC now owns 108,585 shares of the company’s stock worth $8,301,000 after purchasing an additional 98,992 shares in the last quarter. Finally, Blair William & Co. IL grew its holdings in iShares MSCI India Small-Cap ETF by 6.1% during the 4th quarter. Blair William & Co. IL now owns 7,111 shares of the company’s stock valued at $544,000 after buying an additional 410 shares in the last quarter.

iShares MSCI India Small-Cap ETF Trading Down 6.8 %

Shares of SMIN opened at $66.80 on Friday. The stock has a 50-day moving average price of $66.26 and a 200-day moving average price of $75.16. The company has a market cap of $768.14 million, a PE ratio of 23.73 and a beta of 0.82. iShares MSCI India Small-Cap ETF has a 12-month low of $61.54 and a 12-month high of $87.06.

iShares MSCI India Small-Cap ETF 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.