Newbridge Financial Services Group Inc. Has $50,000 Holdings in iShares MSCI India Small-Cap ETF (BATS:SMIN)

Newbridge Financial Services Group Inc. lowered its stake in iShares MSCI India Small-Cap ETF (BATS:SMIN) by 79.0% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 713 shares of the company’s stock after selling 2,686 shares during the period. Newbridge Financial Services Group Inc.’s holdings in iShares MSCI India Small-Cap ETF were worth $50,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in SMIN. Parallel Advisors LLC increased its stake in iShares MSCI India Small-Cap ETF by 22.6% during the fourth quarter. Parallel Advisors LLC now owns 950 shares of the company’s stock valued at $66,000 after acquiring an additional 175 shares during the period. National Bank of Canada FI grew its stake in shares of iShares MSCI India Small-Cap ETF by 88.7% in the 4th quarter. National Bank of Canada FI now owns 566 shares of the company’s stock valued at $39,000 after purchasing an additional 266 shares during the period. Raymond James Financial Services Advisors Inc. grew its stake in shares of iShares MSCI India Small-Cap ETF by 2.5% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 18,079 shares of the company’s stock valued at $1,262,000 after purchasing an additional 439 shares during the period. Wedmont Private Capital boosted its holdings in shares of iShares MSCI India Small-Cap ETF by 9.8% in the 1st quarter. Wedmont Private Capital now owns 4,996 shares of the company’s stock worth $370,000 after acquiring an additional 445 shares in the last quarter. Finally, Simplex Trading LLC acquired a new position in shares of iShares MSCI India Small-Cap ETF in the 4th quarter worth approximately $43,000.

iShares MSCI India Small-Cap ETF Price Performance

Shares of SMIN traded down $0.09 on Wednesday, hitting $75.85. The company’s stock had a trading volume of 584,170 shares. The company has a 50 day moving average price of $72.79 and a 200 day moving average price of $70.89. iShares MSCI India Small-Cap ETF has a fifty-two week low of $40.25 and a fifty-two week high of $55.12. The company has a market capitalization of $910.20 million, a PE 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.