Highland Financial Advisors LLC Buys 2,211 Shares of iShares MSCI India Small-Cap ETF (BATS:SMIN)

Highland Financial Advisors LLC lifted its stake in iShares MSCI India Small-Cap ETF (BATS:SMIN) by 7.6% in the 4th quarter, Holdings Channel reports. The institutional investor owned 31,200 shares of the company’s stock after acquiring an additional 2,211 shares during the period. iShares MSCI India Small-Cap ETF comprises about 0.8% of Highland Financial Advisors LLC’s holdings, making the stock its 18th biggest position. Highland Financial Advisors LLC’s holdings in iShares MSCI India Small-Cap ETF were worth $2,385,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in SMIN. US Bancorp DE bought a new stake in iShares MSCI India Small-Cap ETF in the 3rd quarter valued at $61,000. National Bank of Canada FI increased its stake in iShares MSCI India Small-Cap ETF by 13.9% in 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. Stifel Financial Corp acquired a new position in iShares MSCI India Small-Cap ETF in the third quarter worth about $232,000. Private Advisor Group LLC acquired a new position in iShares MSCI India Small-Cap ETF in the third quarter worth about $255,000. Finally, Blue Trust Inc. lifted its stake in iShares MSCI India Small-Cap ETF by 10.3% during the third quarter. Blue Trust Inc. now owns 3,083 shares of the company’s stock worth $249,000 after purchasing an additional 287 shares during the period.

iShares MSCI India Small-Cap ETF Trading Down 9.3 %

SMIN stock opened at $65.02 on Friday. iShares MSCI India Small-Cap ETF has a 1-year low of $40.25 and a 1-year high of $55.12. The business’s 50 day moving average is $74.13 and its 200-day moving average is $80.03. The firm has a market cap of $780.24 million, a P/E ratio of 28.28 and a beta of 0.46.

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.