Stifel Financial Corp Makes New Investment in iShares MSCI India Small-Cap ETF (BATS:SMIN)

Stifel Financial Corp bought a new stake in shares of iShares MSCI India Small-Cap ETF (BATS:SMIN) in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 2,702 shares of the company’s stock, valued at approximately $232,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. US Bancorp DE acquired a new stake in iShares MSCI India Small-Cap ETF during the third quarter worth about $61,000. National Bank of Canada FI lifted its holdings in shares of iShares MSCI India Small-Cap ETF by 50.3% in the 2nd quarter. National Bank of Canada FI now owns 1,181 shares of the company’s stock worth $96,000 after purchasing an additional 395 shares during the last quarter. Sunbelt Securities Inc. acquired a new position in iShares MSCI India Small-Cap ETF during the 2nd quarter valued at approximately $194,000. Blue Trust Inc. boosted its position in iShares MSCI India Small-Cap ETF by 10.3% during the 3rd quarter. Blue Trust Inc. now owns 3,083 shares of the company’s stock valued at $249,000 after purchasing an additional 287 shares during the period. Finally, Miracle Mile Advisors LLC bought a new position in iShares MSCI India Small-Cap ETF during the 3rd quarter worth $254,000.

iShares MSCI India Small-Cap ETF Stock Performance

SMIN stock opened at $76.40 on Monday. The stock’s fifty day moving average is $81.30 and its two-hundred day moving average is $82.56. The stock has a market capitalization of $916.80 million, a price-to-earnings ratio of 28.28 and a beta of 0.46. iShares MSCI India Small-Cap ETF has a 1 year low of $40.25 and a 1 year high of $55.12.

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.