iShares MSCI India Small-Cap ETF (BATS:SMIN) Sets New 1-Year High at $85.23

iShares MSCI India Small-Cap ETF (BATS:SMIN)’s share price hit a new 52-week high during trading on Tuesday . The company traded as high as $85.23 and last traded at $85.19, with a volume of 111909 shares. The stock had previously closed at $84.35.

iShares MSCI India Small-Cap ETF Price Performance

The company has a 50-day moving average of $82.70 and a two-hundred day moving average of $77.25. The company has a market capitalization of $1.02 billion, a PE ratio of 28.28 and a beta of 0.46.

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

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Mather Group LLC. bought a new stake in iShares MSCI India Small-Cap ETF during the second quarter valued at about $33,000. Lynx Investment Advisory purchased a new stake in shares of iShares MSCI India Small-Cap ETF during the second quarter worth about $42,000. National Bank of Canada FI raised its stake in iShares MSCI India Small-Cap ETF by 88.7% during the 4th quarter. National Bank of Canada FI now owns 566 shares of the company’s stock valued at $39,000 after purchasing an additional 266 shares during the period. Simplex Trading LLC purchased a new position in iShares MSCI India Small-Cap ETF in the 4th quarter worth approximately $43,000. Finally, Parallel Advisors LLC boosted its stake in iShares MSCI India Small-Cap ETF by 22.6% in the 4th quarter. Parallel Advisors LLC now owns 950 shares of the company’s stock worth $66,000 after purchasing an additional 175 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.