iShares MSCI India Small-Cap ETF (BATS:SMIN) Reaches New 52-Week High at $86.84

iShares MSCI India Small-Cap ETF (BATS:SMIN)’s share price hit a new 52-week high during trading on Tuesday . The stock traded as high as $86.84 and last traded at $86.34, with a volume of 90267 shares changing hands. The stock had previously closed at $86.97.

iShares MSCI India Small-Cap ETF Stock Down 0.7 %

The business has a 50 day moving average price of $83.25 and a two-hundred day moving average price of $78.18. The stock has a market cap of $1.04 billion, a P/E ratio of 28.28 and a beta of 0.46.

Hedge Funds Weigh In On iShares MSCI India Small-Cap ETF

Several institutional investors have recently bought and sold shares of SMIN. Jane Street Group LLC increased its stake in iShares MSCI India Small-Cap ETF by 3,350.2% in the 1st quarter. Jane Street Group LLC now owns 1,034,683 shares of the company’s stock worth $72,707,000 after acquiring an additional 1,004,694 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in iShares MSCI India Small-Cap ETF by 3.2% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 153,193 shares of the company’s stock worth $12,390,000 after purchasing an additional 4,808 shares during the last quarter. Adams Wealth Management raised its stake in iShares MSCI India Small-Cap ETF by 16.3% during the first quarter. Adams Wealth Management now owns 100,393 shares of the company’s stock valued at $7,055,000 after purchasing an additional 14,070 shares in the last quarter. Hsbc Holdings PLC bought a new position in iShares MSCI India Small-Cap ETF during the second quarter valued at $5,005,000. Finally, Mainsail Financial Group LLC grew its stake in shares of iShares MSCI India Small-Cap ETF by 25.9% in the 2nd quarter. Mainsail Financial Group LLC now owns 61,117 shares of the company’s stock worth $4,943,000 after buying an additional 12,581 shares in the last quarter.

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.