Proficio Capital Partners LLC Buys 362,783 Shares of iShares MSCI India Small-Cap ETF (BATS:SMIN)

Proficio Capital Partners LLC boosted its stake in shares of iShares MSCI India Small-Cap ETF (BATS:SMIN) by 2,358.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 378,168 shares of the company’s stock after acquiring an additional 362,783 shares during the period. Proficio Capital Partners LLC owned 3.15% of iShares MSCI India Small-Cap ETF worth $28,911,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in SMIN. US Bancorp DE bought a new position in shares of iShares MSCI India Small-Cap ETF in the 3rd quarter valued at $61,000. National Bank of Canada FI increased its stake in shares of iShares MSCI India Small-Cap ETF by 13.9% in the 3rd quarter. National Bank of Canada FI now owns 1,345 shares of the company’s stock valued at $116,000 after purchasing an additional 164 shares during the last quarter. Stifel Financial Corp bought a new position in shares of iShares MSCI India Small-Cap ETF in the 3rd quarter valued at $232,000. Brighton Jones LLC bought a new position in shares of iShares MSCI India Small-Cap ETF in the 4th quarter valued at $245,000. Finally, Private Advisor Group LLC bought a new position in shares of iShares MSCI India Small-Cap ETF in the 3rd quarter valued at $255,000.

iShares MSCI India Small-Cap ETF Stock Performance

Shares of SMIN opened at $62.85 on Friday. iShares MSCI India Small-Cap ETF has a 52-week low of $40.25 and a 52-week high of $55.12. The business’s fifty day moving average is $70.68 and its 200-day moving average is $78.86. The firm has a market cap of $622.17 million, a price-to-earnings ratio of 22.73 and a beta of 0.80.

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.