iShares MSCI India Small-Cap ETF (BATS:SMIN) Hits New 52-Week High – Still a Buy?

iShares MSCI India Small-Cap ETF (BATS:SMIN)’s share price reached a new 52-week high on Monday . The company traded as high as $72.45 and last traded at $64.24, with a volume of 201805 shares trading hands. The stock had previously closed at $71.69.

iShares MSCI India Small-Cap ETF Price Performance

The firm has a market cap of $603.25 million, a P/E ratio of 22.46 and a beta of 0.82. The business’s 50-day moving average is $67.74 and its two-hundred day moving average is $77.24.

Institutional Trading of iShares MSCI India Small-Cap ETF

Large investors have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its stake in iShares MSCI India Small-Cap ETF by 801.1% in the third quarter. JPMorgan Chase & Co. now owns 11,750 shares of the company’s stock valued at $1,010,000 after acquiring an additional 10,446 shares during the last quarter. Integrated Wealth Concepts LLC lifted its stake in iShares MSCI India Small-Cap ETF by 25.6% in the third quarter. Integrated Wealth Concepts LLC now owns 5,635 shares of the company’s stock valued at $485,000 after acquiring an additional 1,150 shares during the last quarter. State of New Jersey Common Pension Fund D lifted its stake in iShares MSCI India Small-Cap ETF by 15.9% in the fourth quarter. State of New Jersey Common Pension Fund D now owns 283,694 shares of the company’s stock valued at $21,688,000 after acquiring an additional 38,814 shares during the last quarter. National Bank of Canada FI lifted its stake in iShares MSCI India Small-Cap ETF by 13.9% in the third quarter. National Bank of Canada FI now owns 1,345 shares of the company’s stock valued at $116,000 after acquiring an additional 164 shares during the last quarter. Finally, Calamos Wealth Management LLC lifted its stake in iShares MSCI India Small-Cap ETF by 17.0% in the fourth quarter. Calamos Wealth Management LLC now owns 45,616 shares of the company’s stock valued at $3,487,000 after acquiring an additional 6,612 shares during the last quarter.

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.