Raymond James & Associates Increases Position in iShares MSCI India Small-Cap ETF (BATS:SMIN)

Raymond James & Associates raised its position in iShares MSCI India Small-Cap ETF (BATS:SMIN) by 21.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 23,859 shares of the company’s stock after purchasing an additional 4,255 shares during the period. Raymond James & Associates’ holdings in iShares MSCI India Small-Cap ETF were worth $1,665,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Comerica Bank purchased a new stake in shares of iShares MSCI India Small-Cap ETF in the 3rd quarter valued at approximately $33,000. Wells Fargo & Company MN increased its position in shares of iShares MSCI India Small-Cap ETF by 180,100.0% in the 4th quarter. Wells Fargo & Company MN now owns 1,802 shares of the company’s stock valued at $93,000 after purchasing an additional 1,801 shares during the last quarter. Osaic Holdings Inc. increased its position in shares of iShares MSCI India Small-Cap ETF by 15.4% in the 2nd quarter. Osaic Holdings Inc. now owns 2,529 shares of the company’s stock valued at $147,000 after purchasing an additional 338 shares during the last quarter. Panagora Asset Management Inc. acquired a new position in shares of iShares MSCI India Small-Cap ETF in the 3rd quarter valued at $202,000. Finally, JPMorgan Chase & Co. boosted its holdings in shares of iShares MSCI India Small-Cap ETF by 426.5% in the 2nd quarter. JPMorgan Chase & Co. now owns 3,238 shares of the company’s stock valued at $188,000 after buying an additional 2,623 shares in the last quarter.

iShares MSCI India Small-Cap ETF Trading Up 0.7 %

Shares of iShares MSCI India Small-Cap ETF stock opened at $72.71 on Friday. The company has a fifty day simple moving average of $71.67 and a 200-day simple moving average of $68.93. iShares MSCI India Small-Cap ETF has a 12-month low of $40.25 and a 12-month high of $55.12. The stock has a market cap of $857.98 million, a price-to-earnings ratio of 27.12 and a beta of 0.45.

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.