Lynx Investment Advisory Invests $42,000 in iShares MSCI India Small-Cap ETF (BATS:SMIN)

Lynx Investment Advisory bought a new stake in iShares MSCI India Small-Cap ETF (BATS:SMIN) during the second quarter, Holdings Channel reports. The institutional investor bought 517 shares of the company’s stock, valued at approximately $42,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Mather Group LLC. purchased a new position in shares of iShares MSCI India Small-Cap ETF in the 2nd quarter valued at approximately $33,000. National Bank of Canada FI lifted its holdings in shares of iShares MSCI India Small-Cap ETF by 88.7% during the fourth quarter. National Bank of Canada FI now owns 566 shares of the company’s stock worth $39,000 after purchasing an additional 266 shares during the period. Simplex Trading LLC purchased a new position in iShares MSCI India Small-Cap ETF in the 4th quarter valued at $43,000. Advisors Preferred LLC acquired a new position in iShares MSCI India Small-Cap ETF in the 4th quarter valued at $46,000. Finally, Larson Financial Group LLC purchased a new position in iShares MSCI India Small-Cap ETF during the 4th quarter worth $55,000.

iShares MSCI India Small-Cap ETF Stock Performance

BATS:SMIN traded up $0.45 during mid-day trading on Wednesday, reaching $79.93. The stock had a trading volume of 135,763 shares. iShares MSCI India Small-Cap ETF has a twelve month low of $40.25 and a twelve month high of $55.12. The business has a 50 day simple moving average of $80.58 and a 200 day simple moving average of $75.54. The firm has a market capitalization of $959.16 million, a price-to-earnings ratio of 28.28 and a beta of 0.46.

iShares MSCI India Small-Cap ETF Profile

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.