45,020 Shares in iShares MSCI India Small-Cap ETF (BATS:SMIN) Acquired by Primoris Wealth Advisors LLC

Primoris Wealth Advisors LLC bought a new position in iShares MSCI India Small-Cap ETF (BATS:SMIN) in the first quarter, Holdings Channel reports. The institutional investor bought 45,020 shares of the company’s stock, valued at approximately $3,164,000. iShares MSCI India Small-Cap ETF makes up about 2.5% of Primoris Wealth Advisors LLC’s holdings, making the stock its 12th biggest position.

A number of other hedge funds also recently bought and sold shares of SMIN. Raymond James & Associates lifted its position in iShares MSCI India Small-Cap ETF by 21.7% in the fourth quarter. Raymond James & Associates now owns 23,859 shares of the company’s stock valued at $1,665,000 after purchasing an additional 4,255 shares during the last quarter. Channing Global Advisors LLC increased its stake in shares of iShares MSCI India Small-Cap ETF by 235.6% during the fourth quarter. Channing Global Advisors LLC now owns 19,315 shares of the company’s stock valued at $1,348,000 after buying an additional 13,560 shares during the period. Mirae Asset Global Investments Co. Ltd. increased its stake in shares of iShares MSCI India Small-Cap ETF by 2.4% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 54,900 shares of the company’s stock valued at $3,831,000 after buying an additional 1,300 shares during the period. Raymond James Financial Services Advisors Inc. increased its stake in shares of iShares MSCI India Small-Cap ETF by 2.5% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 18,079 shares of the company’s stock valued at $1,262,000 after buying an additional 439 shares during the period. Finally, Harbor Investment Advisory LLC purchased a new position in shares of iShares MSCI India Small-Cap ETF during the fourth quarter valued at approximately $285,000.

iShares MSCI India Small-Cap ETF Price Performance

SMIN stock traded down $0.26 during midday trading on Friday, hitting $83.46. The stock had a trading volume of 245,838 shares. The firm has a market cap of $1.00 billion, a price-to-earnings ratio of 28.28 and a beta of 0.46. The business has a 50-day moving average of $78.07 and a two-hundred day moving average of $74.15. iShares MSCI India Small-Cap ETF has a 52-week low of $40.25 and a 52-week high of $55.12.

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.