HighTower Advisors LLC Lowers Stake in iShares MSCI India Small-Cap ETF (BATS:SMIN)

HighTower Advisors LLC cut its holdings in shares of iShares MSCI India Small-Cap ETF (BATS:SMIN) by 61.3% during the fourth quarter, Holdings Channel.com reports. The fund owned 16,073 shares of the company’s stock after selling 25,510 shares during the period. HighTower Advisors LLC’s holdings in iShares MSCI India Small-Cap ETF were worth $1,229,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the business. Raymond James Financial Inc. purchased a new stake in iShares MSCI India Small-Cap ETF in the 4th quarter worth $5,451,000. Proficio Capital Partners LLC grew its stake in shares of iShares MSCI India Small-Cap ETF by 60.4% in the 4th quarter. Proficio Capital Partners LLC now owns 24,685 shares of the company’s stock worth $1,887,000 after buying an additional 9,300 shares in the last quarter. Bryn Mawr Capital Management LLC boosted its holdings in shares of iShares MSCI India Small-Cap ETF by 3.7% in the 4th quarter. Bryn Mawr Capital Management LLC now owns 9,168 shares of the company’s stock worth $701,000 after purchasing an additional 324 shares during the period. Crumly & Associates Inc. grew its holdings in iShares MSCI India Small-Cap ETF by 3.9% during the 4th quarter. Crumly & Associates Inc. now owns 76,190 shares of the company’s stock valued at $5,825,000 after purchasing an additional 2,860 shares during the last quarter. Finally, Private Advisor Group LLC increased its stake in iShares MSCI India Small-Cap ETF by 35.3% in the fourth quarter. Private Advisor Group LLC now owns 4,017 shares of the company’s stock worth $307,000 after purchasing an additional 1,049 shares during the period.

iShares MSCI India Small-Cap ETF Price Performance

Shares of SMIN stock opened at $69.04 on Wednesday. iShares MSCI India Small-Cap ETF has a one year low of $61.54 and a one year high of $87.06. The company has a market capitalization of $631.67 million, a P/E ratio of 22.46 and a beta of 0.82. The company’s 50-day simple moving average is $67.21 and its two-hundred day simple moving average is $76.69.

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.