Nipun Capital L.P. raised its stake in iShares MSCI India Small-Cap ETF (BATS:SMIN – Free Report) by 285.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 153,854 shares of the company’s stock after acquiring an additional 113,900 shares during the quarter. iShares MSCI India Small-Cap ETF makes up 7.6% of Nipun Capital L.P.’s holdings, making the stock its 4th biggest position. Nipun Capital L.P.’s holdings in iShares MSCI India Small-Cap ETF were worth $11,762,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SMIN. Jennison Associates LLC purchased a new position in iShares MSCI India Small-Cap ETF in the third quarter valued at about $50,003,000. Proficio Capital Partners LLC boosted its stake in iShares MSCI India Small-Cap ETF by 2,358.0% in the fourth quarter. Proficio Capital Partners LLC now owns 378,168 shares of the company’s stock valued at $28,911,000 after acquiring an additional 362,783 shares during the last quarter. Franklin Resources Inc. raised its position in shares of iShares MSCI India Small-Cap ETF by 38.9% in the third 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 period. Kera Capital Partners Inc. bought a new stake in shares of iShares MSCI India Small-Cap ETF in the fourth quarter valued at approximately $8,284,000. Finally, Raymond James Financial Inc. bought a new stake in shares of iShares MSCI India Small-Cap ETF in the fourth quarter valued at approximately $5,451,000.
iShares MSCI India Small-Cap ETF Stock Down 10.2 %
BATS SMIN opened at $64.36 on Monday. The company’s 50 day moving average is $68.17 and its 200-day moving average is $77.50. iShares MSCI India Small-Cap ETF has a 12-month low of $40.25 and a 12-month high of $55.12. The firm has a market cap of $588.89 million, a P/E ratio of 22.46 and a beta of 0.82.
iShares MSCI India Small-Cap ETF 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.
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