iShares MSCI India Small-Cap ETF (BATS:SMIN) Shares Up 1.4% – What’s Next?

iShares MSCI India Small-Cap ETF (BATS:SMIN) shares were up 1.4% during trading on Thursday . The company traded as high as $67.00 and last traded at $66.90. Approximately 179,031 shares were traded during trading, an increase of 0% from the average daily volume of 178,337 shares. The stock had previously closed at $66.00.

iShares MSCI India Small-Cap ETF Trading Up 1.4%

The firm has a market capitalization of $816.18 million, a PE ratio of 26.27 and a beta of 0.48. The company has a fifty day moving average price of $63.75 and a two-hundred day moving average price of $68.06.

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

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Brighton Jones LLC acquired a new stake in shares of iShares MSCI India Small-Cap ETF in the fourth quarter valued at approximately $245,000. Millennium Management LLC purchased a new stake in iShares MSCI India Small-Cap ETF in the 1st quarter valued at $5,664,000. Goldman Sachs Group Inc. raised its position in iShares MSCI India Small-Cap ETF by 69.6% in the 1st 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 last quarter. NewEdge Advisors LLC boosted its stake in iShares MSCI India Small-Cap ETF by 81.5% during the 2nd quarter. NewEdge Advisors LLC now owns 334 shares of the company’s stock worth $26,000 after purchasing an additional 150 shares during the period. Finally, Sei Investments Co. boosted its stake in iShares MSCI India Small-Cap ETF by 216.7% during the 2nd quarter. Sei Investments Co. now owns 30,809 shares of the company’s stock worth $2,378,000 after purchasing an additional 21,081 shares during the period.

About iShares MSCI India Small-Cap ETF

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.