iShares MSCI India Small-Cap ETF (BATS:SMIN) Reaches New 12-Month High – Here’s Why

iShares MSCI India Small-Cap ETF (BATS:SMIN) reached a new 52-week high on Monday . The company traded as high as $84.44 and last traded at $84.26, with a volume of 59643 shares changing hands. The stock had previously closed at $84.05.

iShares MSCI India Small-Cap ETF Stock Performance

The firm has a 50 day moving average price of $82.45 and a two-hundred day moving average price of $82.48. The company has a market capitalization of $944.04 million, a P/E ratio of 28.28 and a beta of 0.46.

Institutional Trading of iShares MSCI India Small-Cap ETF

Large investors have recently bought and sold shares of the stock. National Bank of Canada FI lifted its holdings in shares of iShares MSCI India Small-Cap ETF by 13.9% during the third quarter. National Bank of Canada FI now owns 1,345 shares of the company’s stock valued at $116,000 after acquiring an additional 164 shares during the period. Oppenheimer & Co. Inc. increased its position in shares of iShares MSCI India Small-Cap ETF by 9.6% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 3,141 shares of the company’s stock worth $270,000 after purchasing an additional 276 shares in the last quarter. Blue Trust Inc. lifted its holdings in iShares MSCI India Small-Cap ETF by 10.3% during the 3rd quarter. Blue Trust Inc. now owns 3,083 shares of the company’s stock valued at $249,000 after purchasing an additional 287 shares during the last quarter. Advisors Management Group Inc. ADV boosted its position in iShares MSCI India Small-Cap ETF by 3.1% in the third quarter. Advisors Management Group Inc. ADV now owns 9,747 shares of the company’s stock valued at $838,000 after buying an additional 293 shares in the last quarter. Finally, Highland Financial Advisors LLC grew its stake in iShares MSCI India Small-Cap ETF by 1.6% during the third quarter. Highland Financial Advisors LLC now owns 28,989 shares of the company’s stock worth $2,493,000 after buying an additional 461 shares during 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.