iShares MSCI India Small-Cap ETF (BATS:SMIN) Sets New 12-Month High – Time to Buy?

iShares MSCI India Small-Cap ETF (BATS:SMIN) shares reached a new 52-week high on Monday . The stock traded as high as $72.45 and last traded at $64.30, with a volume of 201805 shares trading hands. The stock had previously closed at $71.69.

iShares MSCI India Small-Cap ETF Stock Performance

The stock has a market cap of $588.51 million, a price-to-earnings ratio of 22.46 and a beta of 0.82. The firm’s 50-day simple moving average is $68.93 and its two-hundred day simple moving average is $77.92.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Franklin Resources Inc. boosted its stake in shares of iShares MSCI India Small-Cap ETF by 38.9% in the 3rd quarter. Franklin Resources Inc. now owns 754,768 shares of the company’s stock valued at $64,344,000 after purchasing an additional 211,508 shares during the last quarter. Jennison Associates LLC boosted its stake in shares of iShares MSCI India Small-Cap ETF by 14.9% in the 4th quarter. Jennison Associates LLC now owns 668,286 shares of the company’s stock valued at $51,090,000 after purchasing an additional 86,850 shares during the last quarter. Jane Street Group LLC boosted its stake in shares of iShares MSCI India Small-Cap ETF by 197.5% in the 4th quarter. Jane Street Group LLC now owns 547,845 shares of the company’s stock valued at $41,883,000 after purchasing an additional 363,698 shares during the last quarter. Proficio Capital Partners LLC boosted its stake in shares of iShares MSCI India Small-Cap ETF by 2,358.0% in the 4th quarter. Proficio Capital Partners LLC now owns 378,168 shares of the company’s stock valued at $28,911,000 after purchasing an additional 362,783 shares during the last quarter. Finally, State of New Jersey Common Pension Fund D boosted its stake in shares of iShares MSCI India Small-Cap ETF by 15.9% in the 4th quarter. State of New Jersey Common Pension Fund D now owns 283,694 shares of the company’s stock valued at $21,688,000 after purchasing an additional 38,814 shares during 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.