iShares MSCI India Small-Cap ETF (BATS:SMIN) Hits New 1-Year High – Should You Buy?

iShares MSCI India Small-Cap ETF (BATS:SMIN)’s stock price reached a new 52-week high during trading on Tuesday . The stock traded as high as $80.21 and last traded at $80.03, with a volume of 243539 shares changing hands. The stock had previously closed at $78.88.

iShares MSCI India Small-Cap ETF Stock Down 0.9 %

The stock has a 50-day moving average of $83.54 and a 200 day moving average of $81.38. The stock has a market cap of $954.72 million, a PE ratio of 28.28 and a beta of 0.46.

Institutional Trading of iShares MSCI India Small-Cap ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. National Bank of Canada FI grew its position in iShares MSCI India Small-Cap ETF by 13.9% in the third quarter. National Bank of Canada FI now owns 1,345 shares of the company’s stock worth $116,000 after acquiring an additional 164 shares during the period. Calton & Associates Inc. increased its position in shares of iShares MSCI India Small-Cap ETF by 6.0% during the second quarter. Calton & Associates Inc. now owns 4,320 shares of the company’s stock valued at $349,000 after acquiring an additional 245 shares during the last quarter. Oppenheimer & Co. Inc. boosted its position in shares of iShares MSCI India Small-Cap ETF by 9.6% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 3,141 shares of the company’s stock worth $270,000 after purchasing an additional 276 shares during the period. Blue Trust Inc. increased its holdings in iShares MSCI India Small-Cap ETF by 10.3% in the 3rd quarter. Blue Trust Inc. now owns 3,083 shares of the company’s stock valued at $249,000 after purchasing an additional 287 shares during the last quarter. Finally, Advisors Management Group Inc. ADV raised its position in iShares MSCI India Small-Cap ETF by 3.1% in the third quarter. Advisors Management Group Inc. ADV now owns 9,747 shares of the company’s stock valued at $838,000 after purchasing an additional 293 shares during the period.

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.