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

iShares MSCI India Small-Cap ETF (BATS:SMIN)’s stock price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $80.21 and last traded at $80.03, with a volume of 243539 shares trading hands. The stock had previously closed at $78.88.

iShares MSCI India Small-Cap ETF Trading Down 0.9 %

The firm has a 50 day moving average price of $83.54 and a 200-day moving average price of $81.38. The firm has a market cap of $954.72 million, a PE ratio of 28.28 and a beta of 0.46.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Jane Street Group LLC increased its position in iShares MSCI India Small-Cap ETF by 3,350.2% during the 1st quarter. Jane Street Group LLC now owns 1,034,683 shares of the company’s stock worth $72,707,000 after purchasing an additional 1,004,694 shares during the period. Jennison Associates LLC acquired a new position in iShares MSCI India Small-Cap ETF during the third quarter worth $50,003,000. State of New Jersey Common Pension Fund D raised its position in iShares MSCI India Small-Cap ETF by 10.0% in the third quarter. State of New Jersey Common Pension Fund D now owns 244,880 shares of the company’s stock worth $21,060,000 after acquiring an additional 22,337 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in iShares MSCI India Small-Cap ETF by 3.2% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 153,193 shares of the company’s stock valued at $12,390,000 after acquiring an additional 4,808 shares during the period. Finally, Adams Wealth Management boosted its position in shares of iShares MSCI India Small-Cap ETF by 16.3% during the 1st quarter. Adams Wealth Management now owns 100,393 shares of the company’s stock worth $7,055,000 after purchasing an additional 14,070 shares in 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.