US Bancorp DE Buys New Stake in iShares MSCI India Small-Cap ETF (BATS:SMIN)

US Bancorp DE acquired a new position in iShares MSCI India Small-Cap ETF (BATS:SMIN) in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 2,777 shares of the company’s stock, valued at approximately $189,000.

A number of other large investors have also modified their holdings of the company. Jane Street Group LLC grew its stake in iShares MSCI India Small-Cap ETF by 197.5% during the 4th quarter. Jane Street Group LLC now owns 547,845 shares of the company’s stock valued at $41,883,000 after acquiring an additional 363,698 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of iShares MSCI India Small-Cap ETF in the 4th quarter valued at approximately $5,451,000. LPL Financial LLC grew its stake in shares of iShares MSCI India Small-Cap ETF by 43.6% in the 1st quarter. LPL Financial LLC now owns 192,135 shares of the company’s stock valued at $13,082,000 after buying an additional 58,364 shares during the period. Concord Wealth Partners purchased a new stake in shares of iShares MSCI India Small-Cap ETF in the 1st quarter valued at approximately $3,355,000. Finally, Concord Asset Management LLC VA purchased a new stake in shares of iShares MSCI India Small-Cap ETF in the 1st quarter valued at approximately $3,245,000.

iShares MSCI India Small-Cap ETF Price Performance

iShares MSCI India Small-Cap ETF stock opened at $72.64 on Friday. The firm has a 50 day simple moving average of $75.23 and a 200-day simple moving average of $70.91. iShares MSCI India Small-Cap ETF has a 1-year low of $61.54 and a 1-year high of $87.06. The stock has a market cap of $886.21 million, a price-to-earnings ratio of 26.27 and a beta of 0.48.

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.