iShares MSCI India Small-Cap ETF $SMIN Stock Purchased by Highland Financial Advisors LLC

Highland Financial Advisors LLC lifted its holdings in shares of iShares MSCI India Small-Cap ETF (BATS:SMIN) by 15.1% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 64,907 shares of the company’s stock after buying an additional 8,529 shares during the period. iShares MSCI India Small-Cap ETF comprises 1.0% of Highland Financial Advisors LLC’s holdings, making the stock its 19th largest position. Highland Financial Advisors LLC owned approximately 0.53% of iShares MSCI India Small-Cap ETF worth $4,466,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the stock. IFP Advisors Inc increased its position in shares of iShares MSCI India Small-Cap ETF by 26.5% in the third quarter. IFP Advisors Inc now owns 2,150 shares of the company’s stock valued at $148,000 after acquiring an additional 450 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in iShares MSCI India Small-Cap ETF by 9.0% during the second quarter. Envestnet Asset Management Inc. now owns 21,541 shares of the company’s stock worth $1,524,000 after acquiring an additional 1,786 shares in the last quarter. Integrated Wealth Concepts LLC acquired a new position in iShares MSCI India Small-Cap ETF during the second quarter valued at approximately $1,004,000. Highland Investment Advisors LLC acquired a new position in iShares MSCI India Small-Cap ETF during the second quarter valued at approximately $65,000. Finally, Crumly & Associates Inc. boosted its position in iShares MSCI India Small-Cap ETF by 1.8% during the second quarter. Crumly & Associates Inc. now owns 191,179 shares of the company’s stock valued at $13,522,000 after purchasing an additional 3,416 shares during the last quarter.

iShares MSCI India Small-Cap ETF Price Performance

SMIN stock traded down $0.57 during mid-day trading on Monday, reaching $68.51. The company had a trading volume of 25,961 shares, compared to its average volume of 148,418. The stock has a 50 day simple moving average of $70.42 and a two-hundred day simple moving average of $68.59. The company has a market capitalization of $835.82 million, a price-to-earnings ratio of 26.27 and a beta of 0.48. iShares MSCI India Small-Cap ETF has a 52 week low of $57.78 and a 52 week high of $75.94.

iShares MSCI India Small-Cap ETF Company 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.