Aberdeen Group plc Sells 11,598 Shares of iShares MSCI India Small-Cap ETF $SMIN

Aberdeen Group plc reduced its stake in shares of iShares MSCI India Small-Cap ETF (BATS:SMIN) by 13.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 75,502 shares of the company’s stock after selling 11,598 shares during the quarter. Aberdeen Group plc owned about 0.62% of iShares MSCI India Small-Cap ETF worth $5,278,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the stock. Alliancebernstein L.P. grew its stake in shares of iShares MSCI India Small-Cap ETF by 10.7% during the second quarter. Alliancebernstein L.P. now owns 1,046,059 shares of the company’s stock valued at $80,735,000 after purchasing an additional 100,813 shares during the last quarter. Goldman Sachs Group Inc. lifted its holdings 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 valued at $46,595,000 after buying an additional 280,891 shares during the period. Hillsdale Investment Management Inc. lifted its holdings in iShares MSCI India Small-Cap ETF by 42.0% in the third quarter. Hillsdale Investment Management Inc. now owns 497,118 shares of the company’s stock valued at $35,653,000 after buying an additional 147,000 shares during the period. Bank of America Corp DE lifted its holdings in iShares MSCI India Small-Cap ETF by 10.5% in the second quarter. Bank of America Corp DE now owns 426,810 shares of the company’s stock valued at $32,941,000 after buying an additional 40,549 shares during the period. Finally, Causeway Capital Management LLC lifted its holdings in iShares MSCI India Small-Cap ETF by 168.2% in the third quarter. Causeway Capital Management LLC now owns 367,520 shares of the company’s stock valued at $26,359,000 after buying an additional 230,512 shares during the period.

iShares MSCI India Small-Cap ETF Price Performance

Shares of BATS SMIN opened at $63.87 on Thursday. The company’s 50 day simple moving average is $64.20 and its 200 day simple moving average is $68.74. iShares MSCI India Small-Cap ETF has a fifty-two week low of $57.78 and a fifty-two week high of $78.54. The firm has a market capitalization of $779.21 million, a P/E 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.