iShares MSCI India Small-Cap ETF (BATS:SMIN) Hits New 52-Week High – Here’s What Happened

iShares MSCI India Small-Cap ETF (BATS:SMIN)’s share price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $72.45 and last traded at $68.56, with a volume of 201805 shares changing hands. The stock had previously closed at $71.69.

iShares MSCI India Small-Cap ETF Price Performance

The firm has a market capitalization of $822.06 million, a P/E ratio of 28.28 and a beta of 0.46. The stock’s 50 day moving average is $75.83 and its two-hundred day moving average is $80.56.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of SMIN. National Bank of Canada FI lifted its position in iShares MSCI India Small-Cap ETF by 13.9% in the 3rd quarter. National Bank of Canada FI now owns 1,345 shares of the company’s stock valued at $116,000 after acquiring an additional 164 shares in the last quarter. Oppenheimer & Co. Inc. raised its position in iShares MSCI India Small-Cap ETF by 9.6% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 3,141 shares of the company’s stock valued at $270,000 after buying an additional 276 shares during the last quarter. Blue Trust Inc. lifted its stake in iShares MSCI India Small-Cap ETF by 10.3% in the 3rd quarter. Blue Trust Inc. now owns 3,083 shares of the company’s stock valued at $249,000 after acquiring an additional 287 shares in the last quarter. Advisors Management Group Inc. ADV boosted its position in iShares MSCI India Small-Cap ETF by 3.1% during the 3rd quarter. Advisors Management Group Inc. ADV now owns 9,747 shares of the company’s stock worth $838,000 after acquiring an additional 293 shares during the last quarter. Finally, Bryn Mawr Capital Management LLC grew its stake in shares of iShares MSCI India Small-Cap ETF by 3.7% during the 4th quarter. Bryn Mawr Capital Management LLC now owns 9,168 shares of the company’s stock worth $701,000 after acquiring an additional 324 shares in the last quarter.

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.