Mainsail Financial Group LLC Boosts Stock Holdings in iShares MSCI India Small-Cap ETF (BATS:SMIN)

Mainsail Financial Group LLC boosted its stake in iShares MSCI India Small-Cap ETF (BATS:SMIN) by 20.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 73,903 shares of the company’s stock after acquiring an additional 12,786 shares during the quarter. iShares MSCI India Small-Cap ETF accounts for 3.7% of Mainsail Financial Group LLC’s portfolio, making the stock its 8th largest position. Mainsail Financial Group LLC owned approximately 0.62% of iShares MSCI India Small-Cap ETF worth $6,271,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the stock. Mather Group LLC. acquired a new position in iShares MSCI India Small-Cap ETF in the 2nd quarter valued at about $33,000. Lynx Investment Advisory bought a new stake in iShares MSCI India Small-Cap ETF in the 2nd quarter valued at about $42,000. Comerica Bank boosted its holdings in 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 valued at $71,000 after purchasing an additional 377 shares during the period. National Bank of Canada FI boosted its holdings in 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 valued at $96,000 after purchasing an additional 395 shares during the period. Finally, ClariVest Asset Management LLC boosted its holdings in iShares MSCI India Small-Cap ETF by 34.1% in the 1st quarter. ClariVest Asset Management LLC now owns 1,805 shares of the company’s stock valued at $127,000 after purchasing an additional 459 shares during the period.

iShares MSCI India Small-Cap ETF Stock Down 2.9 %

BATS SMIN opened at $81.42 on Wednesday. The company has a market capitalization of $977.04 million, a P/E ratio of 28.28 and a beta of 0.46. iShares MSCI India Small-Cap ETF has a 12-month low of $40.25 and a 12-month high of $55.12. The firm has a 50-day moving average price of $84.51 and a two-hundred day moving average price of $80.37.

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.