Cetera Investment Advisers Trims Stock Position in iShares MSCI India Small-Cap ETF $SMIN

Cetera Investment Advisers lowered its holdings in shares of iShares MSCI India Small-Cap ETF (BATS:SMIN) by 44.7% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 4,854 shares of the company’s stock after selling 3,921 shares during the quarter. Cetera Investment Advisers’ holdings in iShares MSCI India Small-Cap ETF were worth $331,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in SMIN. HighMark Wealth Management LLC grew its stake in shares of 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 valued at $31,000 after acquiring an additional 250 shares during the period. Main Management ETF Advisors LLC grew its stake in shares of iShares MSCI India Small-Cap ETF by 0.6% during the 4th quarter. Main Management ETF Advisors LLC now owns 49,600 shares of the company’s stock valued at $3,792,000 after acquiring an additional 300 shares during the period. ERn Financial LLC grew its stake in shares of iShares MSCI India Small-Cap ETF by 5.9% during the 1st quarter. ERn Financial LLC now owns 22,740 shares of the company’s stock valued at $1,548,000 after acquiring an additional 1,269 shares during the period. Envestnet Asset Management Inc. grew its stake in shares of iShares MSCI India Small-Cap ETF by 5.2% during the 4th quarter. Envestnet Asset Management Inc. now owns 26,025 shares of the company’s stock valued at $1,990,000 after acquiring an additional 1,298 shares during the period. Finally, 626 Financial LLC grew its stake in shares of iShares MSCI India Small-Cap ETF by 5.6% during the 1st quarter. 626 Financial LLC now owns 35,601 shares of the company’s stock valued at $2,424,000 after acquiring an additional 1,874 shares during the period.

iShares MSCI India Small-Cap ETF Trading Up 4.3%

Shares of BATS:SMIN opened at $74.7610 on Wednesday. The stock has a 50 day moving average of $75.15 and a 200 day moving average of $71.02. The company has a market cap of $912.08 million, a PE ratio of 26.27 and a beta of 0.48. iShares MSCI India Small-Cap ETF has a 12-month low of $61.54 and a 12-month high of $87.0599.

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.