Jennison Associates LLC purchased a new position in iShares MSCI India Small-Cap ETF (BATS:SMIN – Free Report) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 581,436 shares of the company’s stock, valued at approximately $50,003,000. Jennison Associates LLC owned approximately 4.85% of iShares MSCI India Small-Cap ETF at the end of the most recent reporting period.
Several other institutional investors have also made changes to their positions in the stock. Mather Group LLC. purchased a new stake in iShares MSCI India Small-Cap ETF in the 2nd quarter worth approximately $33,000. Lynx Investment Advisory acquired a new stake in iShares MSCI India Small-Cap ETF during the second quarter valued at $42,000. US Bancorp DE purchased a new position in iShares MSCI India Small-Cap ETF in the third quarter valued at about $61,000. Comerica Bank increased its position 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 worth $71,000 after purchasing an additional 377 shares during the last quarter. Finally, National Bank of Canada FI increased its position 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 worth $96,000 after purchasing an additional 395 shares during the last quarter.
iShares MSCI India Small-Cap ETF Price Performance
Shares of iShares MSCI India Small-Cap ETF stock opened at $79.56 on Friday. The firm has a market cap of $954.72 million, a price-to-earnings ratio of 28.28 and a beta of 0.46. The stock has a 50-day simple moving average of $83.54 and a 200-day simple moving average of $81.38. iShares MSCI India Small-Cap ETF has a 52-week low of $40.25 and a 52-week high of $55.12.
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.
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