iShares MSCI India Small-Cap ETF (BATS:SMIN) Trading 0.5% Higher – Here’s What Happened

iShares MSCI India Small-Cap ETF (BATS:SMIN)’s stock price traded up 0.5% on Thursday . The stock traded as high as $66.82 and last traded at $66.40. 89,405 shares were traded during trading, a decline of 48% from the average session volume of 172,906 shares. The stock had previously closed at $66.05.

iShares MSCI India Small-Cap ETF Trading Up 0.5%

The stock has a market capitalization of $810.08 million, a PE ratio of 26.27 and a beta of 0.48. The firm’s fifty day moving average price is $64.12 and its two-hundred day moving average price is $67.30.

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

Several institutional investors and hedge funds have recently added to or reduced their stakes in SMIN. NewEdge Advisors LLC increased its holdings in iShares MSCI India Small-Cap ETF by 81.5% in the 2nd quarter. NewEdge Advisors LLC now owns 334 shares of the company’s stock worth $26,000 after acquiring an additional 150 shares in the last quarter. Fifth Third Bancorp purchased a new stake in iShares MSCI India Small-Cap ETF in the 1st quarter worth $31,000. Farther Finance Advisors LLC increased its holdings in iShares MSCI India Small-Cap ETF by 138.4% in the 4th quarter. Farther Finance Advisors LLC now owns 565 shares of the company’s stock worth $39,000 after acquiring an additional 328 shares in the last quarter. Advisory Services Network LLC purchased a new stake in iShares MSCI India Small-Cap ETF in the 3rd quarter worth $42,000. Finally, HighMark Wealth Management LLC increased its holdings in iShares MSCI India Small-Cap ETF by 35.8% in the 4th quarter. HighMark Wealth Management LLC now owns 615 shares of the company’s stock worth $43,000 after acquiring an additional 162 shares in the last quarter.

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.