Elm3 Financial Group LLC Buys New Stake in iShares MSCI India Small-Cap ETF (BATS:SMIN)

Elm3 Financial Group LLC purchased a new stake in iShares MSCI India Small-Cap ETF (BATS:SMIN) during the fourth quarter, according to its most recent filing with the SEC. The fund purchased 5,496 shares of the company’s stock, valued at approximately $420,000.

Several other hedge funds have also bought and sold shares of the stock. Franklin Resources Inc. increased its holdings 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 worth $64,344,000 after purchasing an additional 211,508 shares during the last quarter. Jennison Associates LLC grew its holdings in iShares MSCI India Small-Cap ETF by 14.9% during the 4th quarter. Jennison Associates LLC now owns 668,286 shares of the company’s stock valued at $51,090,000 after buying an additional 86,850 shares in the last quarter. State of New Jersey Common Pension Fund D increased its stake in iShares MSCI India Small-Cap ETF by 10.0% in the 3rd quarter. State of New Jersey Common Pension Fund D now owns 244,880 shares of the company’s stock worth $21,060,000 after acquiring an additional 22,337 shares during the last quarter. FFG Partners LLC raised its holdings in shares of iShares MSCI India Small-Cap ETF by 2.0% during the 3rd quarter. FFG Partners LLC now owns 159,209 shares of the company’s stock worth $13,692,000 after acquiring an additional 3,055 shares in the last quarter. Finally, Kera Capital Partners Inc. bought a new position in shares of iShares MSCI India Small-Cap ETF during the 4th quarter valued at approximately $8,284,000.

iShares MSCI India Small-Cap ETF Stock Performance

SMIN stock opened at $70.23 on Thursday. The firm has a fifty day moving average price of $76.61 and a 200 day moving average price of $80.80. iShares MSCI India Small-Cap ETF has a fifty-two week low of $40.25 and a fifty-two week high of $55.12. The firm has a market cap of $842.70 million, a PE ratio of 28.28 and a beta of 0.46.

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.