iShares MSCI India Small-Cap ETF (BATS:SMIN) Stock Position Reduced by Bank of America Corp DE

Bank of America Corp DE cut its stake in shares of iShares MSCI India Small-Cap ETF (BATS:SMIN) by 18.2% during the fourth quarter, HoldingsChannel.com reports. The firm owned 470,269 shares of the company’s stock after selling 104,504 shares during the period. Bank of America Corp DE’s holdings in iShares MSCI India Small-Cap ETF were worth $35,952,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in SMIN. Glass Jacobson Investment Advisors llc grew its position in iShares MSCI India Small-Cap ETF by 255.3% in the fourth quarter. Glass Jacobson Investment Advisors llc now owns 1,439 shares of the company’s stock worth $110,000 after acquiring an additional 1,034 shares in the last quarter. Brighton Jones LLC bought a new stake in iShares MSCI India Small-Cap ETF in the fourth quarter worth approximately $245,000. Two Sigma Securities LLC bought a new stake in shares of iShares MSCI India Small-Cap ETF during the 4th quarter worth $251,000. Blue Trust Inc. boosted its holdings in shares of iShares MSCI India Small-Cap ETF by 9.9% during the 4th quarter. Blue Trust Inc. now owns 3,387 shares of the company’s stock worth $259,000 after buying an additional 304 shares during the period. Finally, Private Advisor Group LLC boosted its holdings in shares of iShares MSCI India Small-Cap ETF by 35.3% during the 4th quarter. Private Advisor Group LLC now owns 4,017 shares of the company’s stock worth $307,000 after buying an additional 1,049 shares during the period.

iShares MSCI India Small-Cap ETF Trading Up 2.0%

BATS SMIN opened at $73.14 on Friday. The company has a fifty day simple moving average of $68.40 and a 200 day simple moving average of $72.67. The company has a market cap of $848.37 million, a P/E ratio of 22.39 and a beta of 0.47. iShares MSCI India Small-Cap ETF has a 1 year low of $61.54 and a 1 year high of $87.06.

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.