William Blair Investment Management LLC Buys New Holdings in iShares MSCI India Small-Cap ETF (BATS:SMIN)

William Blair Investment Management LLC purchased a new stake in shares of iShares MSCI India Small-Cap ETF (BATS:SMIN) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 16,650 shares of the company’s stock, valued at approximately $1,273,000. William Blair Investment Management LLC owned 0.14% of iShares MSCI India Small-Cap ETF at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Franklin Resources Inc. grew its holdings in shares of iShares MSCI India Small-Cap ETF by 38.9% during the 3rd quarter. Franklin Resources Inc. now owns 754,768 shares of the company’s stock worth $64,344,000 after purchasing an additional 211,508 shares during the period. Jennison Associates LLC grew its stake in iShares MSCI India Small-Cap ETF by 14.9% during the fourth quarter. Jennison Associates LLC now owns 668,286 shares of the company’s stock worth $51,090,000 after buying an additional 86,850 shares during the period. Proficio Capital Partners LLC grew its stake in iShares MSCI India Small-Cap ETF by 2,358.0% during the fourth quarter. Proficio Capital Partners LLC now owns 378,168 shares of the company’s stock worth $28,911,000 after buying an additional 362,783 shares during the period. State of New Jersey Common Pension Fund D increased its position in shares of iShares MSCI India Small-Cap ETF by 15.9% in the fourth quarter. State of New Jersey Common Pension Fund D now owns 283,694 shares of the company’s stock worth $21,688,000 after acquiring an additional 38,814 shares in the last quarter. Finally, FFG Partners LLC raised its stake in shares of iShares MSCI India Small-Cap ETF by 7.9% in the 4th quarter. FFG Partners LLC now owns 171,770 shares of the company’s stock valued at $13,132,000 after acquiring an additional 12,561 shares during the period.

iShares MSCI India Small-Cap ETF Trading Down 5.4 %

BATS:SMIN opened at $67.82 on Thursday. The firm’s fifty day simple moving average is $67.57 and its 200 day simple moving average is $77.18. iShares MSCI India Small-Cap ETF has a twelve month low of $61.54 and a twelve month high of $87.06. The firm has a market capitalization of $620.52 million, a price-to-earnings ratio of 22.46 and a beta of 0.82.

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.