Park Avenue Securities LLC Purchases 4,418 Shares of iShares MSCI India Small-Cap ETF $SMIN

Park Avenue Securities LLC raised its position in shares of iShares MSCI India Small-Cap ETF (BATS:SMIN) by 108.1% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 8,505 shares of the company’s stock after purchasing an additional 4,418 shares during the quarter. Park Avenue Securities LLC owned 0.07% of iShares MSCI India Small-Cap ETF worth $656,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in SMIN. Alliancebernstein L.P. boosted its holdings in shares of iShares MSCI India Small-Cap ETF by 307.1% in the first quarter. Alliancebernstein L.P. now owns 945,246 shares of the company’s stock worth $64,362,000 after buying an additional 713,061 shares during the last quarter. Goldman Sachs Group Inc. raised its position in iShares MSCI India Small-Cap ETF by 69.6% in the first quarter. Goldman Sachs Group Inc. now owns 684,319 shares of the company’s stock worth $46,595,000 after acquiring an additional 280,891 shares during the period. Driehaus Capital Management LLC purchased a new position in shares of iShares MSCI India Small-Cap ETF during the 1st quarter worth $14,787,000. Northwestern Mutual Wealth Management Co. grew its position in shares of iShares MSCI India Small-Cap ETF by 23.2% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 203,505 shares of the company’s stock valued at $13,857,000 after acquiring an additional 38,354 shares during the period. Finally, LPL Financial LLC grew its position in shares of iShares MSCI India Small-Cap ETF by 43.6% during the 1st quarter. LPL Financial LLC now owns 192,135 shares of the company’s stock valued at $13,082,000 after acquiring an additional 58,364 shares during the period.

iShares MSCI India Small-Cap ETF Price Performance

BATS:SMIN opened at $71.80 on Monday. iShares MSCI India Small-Cap ETF has a one year low of $61.54 and a one year high of $87.06. The business has a fifty day moving average price of $73.67 and a 200-day moving average price of $72.51. The firm has a market capitalization of $875.96 million, a price-to-earnings ratio of 26.27 and a beta of 0.48.

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.