Channing Global Advisors LLC Buys 13,560 Shares of iShares MSCI India Small-Cap ETF (BATS:SMIN)

Channing Global Advisors LLC lifted its stake in iShares MSCI India Small-Cap ETF (BATS:SMIN) by 235.6% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 19,315 shares of the company’s stock after purchasing an additional 13,560 shares during the period. iShares MSCI India Small-Cap ETF accounts for approximately 1.1% of Channing Global Advisors LLC’s holdings, making the stock its 24th largest holding. Channing Global Advisors LLC owned about 0.41% of iShares MSCI India Small-Cap ETF worth $1,348,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in SMIN. Raymond James & Associates bought a new position in iShares MSCI India Small-Cap ETF during the third quarter worth about $1,237,000. Raymond James Financial Services Advisors Inc. lifted its holdings in iShares MSCI India Small-Cap ETF by 11.0% during the third quarter. Raymond James Financial Services Advisors Inc. now owns 17,640 shares of the company’s stock worth $1,113,000 after acquiring an additional 1,748 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new position in iShares MSCI India Small-Cap ETF during the third quarter worth about $3,383,000. Panagora Asset Management Inc. bought a new position in iShares MSCI India Small-Cap ETF during the third quarter worth about $202,000. Finally, Wealthfront Advisers LLC lifted its holdings in iShares MSCI India Small-Cap ETF by 39.6% during the third quarter. Wealthfront Advisers LLC now owns 6,243 shares of the company’s stock worth $394,000 after acquiring an additional 1,771 shares in the last quarter.

iShares MSCI India Small-Cap ETF Stock Performance

SMIN stock traded up $0.72 during midday trading on Friday, hitting $75.47. 121,228 shares of the company’s stock were exchanged. The stock’s fifty day moving average price is $71.85 and its 200-day moving average price is $69.32. The company has a market cap of $890.55 million, a PE ratio of 27.12 and a beta of 0.45. iShares MSCI India Small-Cap ETF has a one year low of $40.25 and a one year high of $55.12.

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.