Northwestern Mutual Wealth Management Co. grew its stake in iShares MSCI India Small-Cap ETF (BATS:SMIN – Free Report) by 2.7% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 209,027 shares of the company’s stock after buying an additional 5,522 shares during the period. Northwestern Mutual Wealth Management Co. owned approximately 1.71% of iShares MSCI India Small-Cap ETF worth $16,133,000 as of its most recent SEC filing.
A number of other hedge funds have also made changes to their positions in the stock. Alliancebernstein L.P. raised its stake in shares of iShares MSCI India Small-Cap ETF by 307.1% in the 1st quarter. Alliancebernstein L.P. now owns 945,246 shares of the company’s stock valued at $64,362,000 after acquiring an additional 713,061 shares in the last quarter. Goldman Sachs Group Inc. raised its position in shares of iShares MSCI India Small-Cap ETF by 69.6% in the first quarter. Goldman Sachs Group Inc. now owns 684,319 shares of the company’s stock valued at $46,595,000 after purchasing an additional 280,891 shares during the period. Hillsdale Investment Management Inc. raised its position in shares of iShares MSCI India Small-Cap ETF by 244.3% in the second quarter. Hillsdale Investment Management Inc. now owns 350,118 shares of the company’s stock valued at $27,022,000 after purchasing an additional 248,418 shares during the period. Driehaus Capital Management LLC acquired a new stake in shares of iShares MSCI India Small-Cap ETF in the first quarter worth $14,787,000. Finally, Millennium Management LLC bought a new stake in shares of iShares MSCI India Small-Cap ETF during the 1st quarter worth $5,664,000.
iShares MSCI India Small-Cap ETF Price Performance
Shares of SMIN opened at $72.75 on Monday. The company has a market capitalization of $887.55 million, a PE ratio of 26.27 and a beta of 0.48. iShares MSCI India Small-Cap ETF has a one year low of $61.54 and a one year high of $87.06. The company’s fifty day moving average price is $73.29 and its 200 day moving average price is $74.17.
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.
Further Reading
- Five stocks we like better than iShares MSCI India Small-Cap ETF
- Are Penny Stocks a Good Fit for Your Portfolio?
- Worried About Inflation? These 3 ETFs Offer Real Protection
- Uptrend Stocks Explained: Learn How to Trade Using Uptrends
- Intel’s Black Friday Breakout: Apple Rumors Fuel a Holiday Rally
- Special Purpose Acquisition Company (SPAC) What You Need to Know
- Klarna’s Crypto Play: A Plan to Fix Its Profit Problem
Receive News & Ratings for iShares MSCI India Small-Cap ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI India Small-Cap ETF and related companies with MarketBeat.com's FREE daily email newsletter.
