iShares MSCI India Small-Cap ETF (BATS:SMIN) Sets New 12-Month High at $82.20

iShares MSCI India Small-Cap ETF (BATS:SMIN) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $82.20 and last traded at $82.01, with a volume of 130131 shares changing hands. The stock had previously closed at $80.88.

iShares MSCI India Small-Cap ETF Stock Performance

The business has a fifty day moving average price of $76.82 and a 200 day moving average price of $73.36. The company has a market cap of $993.60 million, a price-to-earnings ratio of 28.28 and a beta of 0.46.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in SMIN. Adams Wealth Management raised its holdings in iShares MSCI India Small-Cap ETF by 16.3% in the first quarter. Adams Wealth Management now owns 100,393 shares of the company’s stock worth $7,055,000 after purchasing an additional 14,070 shares in the last quarter. Comerica Bank grew its position in shares of iShares MSCI India Small-Cap ETF by 59.2% in the 1st quarter. Comerica Bank now owns 1,014 shares of the company’s stock worth $71,000 after buying an additional 377 shares during the period. Jane Street Group LLC increased its stake in shares of 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 in the last quarter. Virtus Investment Advisers Inc. lifted its position in iShares MSCI India Small-Cap ETF by 11.1% during the 1st quarter. Virtus Investment Advisers Inc. now owns 19,463 shares of the company’s stock valued at $1,368,000 after acquiring an additional 1,941 shares during the period. Finally, Basso Capital Management L.P. boosted its stake in iShares MSCI India Small-Cap ETF by 41.3% during the first quarter. Basso Capital Management L.P. now owns 20,840 shares of the company’s stock worth $1,464,000 after acquiring an additional 6,090 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.