iShares MSCI India Small-Cap ETF (BATS:SMIN) Reaches New 12-Month High at $85.23

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

iShares MSCI India Small-Cap ETF Price Performance

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

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

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Simplex Trading LLC purchased a new stake in shares of iShares MSCI India Small-Cap ETF in the 4th quarter worth approximately $43,000. National Bank of Canada FI grew its stake in shares of iShares MSCI India Small-Cap ETF by 88.7% in the fourth quarter. National Bank of Canada FI now owns 566 shares of the company’s stock worth $39,000 after acquiring an additional 266 shares during the last quarter. Orion Portfolio Solutions LLC bought a new position in shares of iShares MSCI India Small-Cap ETF during the fourth quarter valued at $822,000. Parallel Advisors LLC raised its position in shares of 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 last quarter. Finally, Adams Wealth Management bought a new position in iShares MSCI India Small-Cap ETF in the 4th quarter worth about $6,024,000.

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.