iShares MSCI India Small-Cap ETF $SMIN Stake Raised by Mainsail Financial Group LLC

Mainsail Financial Group LLC increased its holdings in shares of iShares MSCI India Small-Cap ETF (BATS:SMIN) by 2.8% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 88,561 shares of the company’s stock after purchasing an additional 2,448 shares during the period. iShares MSCI India Small-Cap ETF accounts for about 3.2% of Mainsail Financial Group LLC’s investment portfolio, making the stock its 9th biggest holding. Mainsail Financial Group LLC’s holdings in iShares MSCI India Small-Cap ETF were worth $6,847,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the business. HighMark Wealth Management LLC grew its holdings in iShares MSCI India Small-Cap ETF by 123.2% during the 1st quarter. HighMark Wealth Management LLC now owns 453 shares of the company’s stock worth $31,000 after acquiring an additional 250 shares in the last quarter. US Bancorp DE acquired a new position in iShares MSCI India Small-Cap ETF during the 1st quarter worth approximately $189,000. Brighton Jones LLC acquired a new position in iShares MSCI India Small-Cap ETF during the 4th quarter worth approximately $245,000. Wealth Enhancement Advisory Services LLC acquired a new position in iShares MSCI India Small-Cap ETF during the 4th quarter worth approximately $249,000. Finally, OneDigital Investment Advisors LLC acquired a new position in iShares MSCI India Small-Cap ETF during the 1st quarter worth approximately $235,000.

iShares MSCI India Small-Cap ETF Stock Up 0.5%

BATS SMIN opened at $72.02 on Tuesday. iShares MSCI India Small-Cap ETF has a 52 week low of $61.54 and a 52 week high of $87.06. The stock has a market capitalization of $878.58 million, a PE ratio of 26.27 and a beta of 0.48. The firm has a 50 day moving average of $73.57 and a two-hundred day moving average of $72.56.

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.