Hillsdale Investment Management Inc. Acquires 16,000 Shares of iShares MSCI India Small-Cap ETF (BATS:SMIN)

Hillsdale Investment Management Inc. lifted its holdings in shares of iShares MSCI India Small-Cap ETF (BATS:SMIN) by 34.7% in the 4th quarter, HoldingsChannel reports. The fund owned 62,100 shares of the company’s stock after purchasing an additional 16,000 shares during the period. Hillsdale Investment Management Inc.’s holdings in iShares MSCI India Small-Cap ETF were worth $4,748,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in SMIN. Oppenheimer & Co. Inc. increased its position in shares of iShares MSCI India Small-Cap ETF by 9.6% during the third quarter. Oppenheimer & Co. Inc. now owns 3,141 shares of the company’s stock worth $270,000 after acquiring an additional 276 shares in the last quarter. Prospera Financial Services Inc grew its position in iShares MSCI India Small-Cap ETF by 18.7% in the 3rd quarter. Prospera Financial Services Inc now owns 16,115 shares of the company’s stock worth $1,386,000 after purchasing an additional 2,534 shares in the last quarter. Jennison Associates LLC bought a new stake in iShares MSCI India Small-Cap ETF in the 3rd quarter worth about $50,003,000. Loomis Sayles & Co. L P grew its position in iShares MSCI India Small-Cap ETF by 250.1% in the 3rd quarter. Loomis Sayles & Co. L P now owns 11,033 shares of the company’s stock worth $949,000 after purchasing an additional 7,882 shares in the last quarter. Finally, HighTower Advisors LLC grew its position in iShares MSCI India Small-Cap ETF by 146.3% in the 3rd quarter. HighTower Advisors LLC now owns 41,583 shares of the company’s stock worth $3,581,000 after purchasing an additional 24,701 shares in the last quarter.

iShares MSCI India Small-Cap ETF Stock Performance

Shares of SMIN stock opened at $69.28 on Friday. iShares MSCI India Small-Cap ETF has a 52-week low of $61.54 and a 52-week high of $87.06. The company has a 50-day simple moving average of $67.30 and a two-hundred day simple moving average of $77.00. The company has a market capitalization of $633.87 million, a price-to-earnings ratio of 22.46 and a beta of 0.82.

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.