ERn Financial LLC Increases Position in iShares MSCI India Small-Cap ETF (BATS:SMIN)

ERn Financial LLC increased its holdings in shares of iShares MSCI India Small-Cap ETF (BATS:SMIN) by 3.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 26,499 shares of the company’s stock after purchasing an additional 768 shares during the quarter. ERn Financial LLC owned approximately 0.22% of iShares MSCI India Small-Cap ETF worth $1,862,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of SMIN. Parallel Advisors LLC raised its stake in iShares MSCI India Small-Cap ETF by 22.6% in the 4th quarter. Parallel Advisors LLC now owns 950 shares of the company’s stock valued at $66,000 after purchasing an additional 175 shares during the last quarter. National Bank of Canada FI lifted its position in shares of iShares MSCI India Small-Cap ETF by 88.7% during the fourth quarter. National Bank of Canada FI now owns 566 shares of the company’s stock worth $39,000 after purchasing an additional 266 shares during the last quarter. Raymond James Financial Services Advisors Inc. grew its position in shares of iShares MSCI India Small-Cap ETF by 2.5% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 18,079 shares of the company’s stock worth $1,262,000 after acquiring an additional 439 shares in the last quarter. Wedmont Private Capital boosted its holdings in iShares MSCI India Small-Cap ETF by 9.8% in the first quarter. Wedmont Private Capital now owns 4,996 shares of the company’s stock worth $370,000 after purchasing an additional 445 shares during the period. Finally, Simplex Trading LLC acquired a new stake in iShares MSCI India Small-Cap ETF during the fourth quarter worth about $43,000.

iShares MSCI India Small-Cap ETF Stock Performance

Shares of BATS:SMIN traded down $0.10 during trading hours on Thursday, hitting $80.51. The stock had a trading volume of 156,005 shares. iShares MSCI India Small-Cap ETF has a 1-year low of $40.25 and a 1-year high of $55.12. The firm has a market capitalization of $966.12 million, a price-to-earnings ratio of 28.28 and a beta of 0.46. The stock’s fifty day simple moving average is $76.18 and its 200 day simple moving average is $72.99.

iShares MSCI India Small-Cap ETF 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.