iShares MSCI India Small-Cap ETF (BATS:SMIN) Sets New 1-Year High – Here’s Why

iShares MSCI India Small-Cap ETF (BATS:SMIN) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $72.45 and last traded at $69.10, with a volume of 201805 shares traded. The stock had previously closed at $71.69.

iShares MSCI India Small-Cap ETF Price Performance

The business’s fifty day moving average is $77.10 and its 200-day moving average is $80.98. The firm has a market cap of $829.22 million, a PE ratio of 28.28 and a beta of 0.46.

Institutional Trading of iShares MSCI India Small-Cap ETF

A number of large investors have recently added to or reduced their stakes in SMIN. Crumly & Associates Inc. increased its stake in shares of iShares MSCI India Small-Cap ETF by 3.9% in the fourth quarter. Crumly & Associates Inc. now owns 76,190 shares of the company’s stock worth $5,825,000 after purchasing an additional 2,860 shares in the last quarter. Private Advisor Group LLC increased its stake in shares of iShares MSCI India Small-Cap ETF by 35.3% in the fourth quarter. Private Advisor Group LLC now owns 4,017 shares of the company’s stock worth $307,000 after purchasing an additional 1,049 shares in the last quarter. Bryn Mawr Capital Management LLC increased its stake in shares of iShares MSCI India Small-Cap ETF by 3.7% in the fourth quarter. Bryn Mawr Capital Management LLC now owns 9,168 shares of the company’s stock worth $701,000 after purchasing an additional 324 shares in the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors increased its stake in shares of iShares MSCI India Small-Cap ETF by 180.3% in the fourth quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 20,236 shares of the company’s stock worth $1,547,000 after purchasing an additional 13,016 shares in the last quarter. Finally, Truist Financial Corp increased its stake in shares of iShares MSCI India Small-Cap ETF by 16.4% in the fourth quarter. Truist Financial Corp now owns 5,931 shares of the company’s stock worth $453,000 after purchasing an additional 837 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.