Raymond James Financial Inc. Sells 8,597 Shares of iShares MSCI India Small-Cap ETF $SMIN

Raymond James Financial Inc. reduced its stake in shares of iShares MSCI India Small-Cap ETF (BATS:SMIN) by 12.1% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 62,710 shares of the company’s stock after selling 8,597 shares during the period. Raymond James Financial Inc.’s holdings in iShares MSCI India Small-Cap ETF were worth $4,270,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. HighMark Wealth Management LLC increased its position in iShares MSCI India Small-Cap ETF by 123.2% in the 1st quarter. HighMark Wealth Management LLC now owns 453 shares of the company’s stock valued at $31,000 after buying an additional 250 shares in the last quarter. US Bancorp DE bought a new stake in iShares MSCI India Small-Cap ETF in the 1st quarter valued at about $189,000. OneDigital Investment Advisors LLC bought a new stake in iShares MSCI India Small-Cap ETF in the 1st quarter valued at about $235,000. Brighton Jones LLC acquired a new stake in shares of iShares MSCI India Small-Cap ETF in the 4th quarter worth about $245,000. Finally, Wealth Enhancement Advisory Services LLC acquired a new stake in shares of iShares MSCI India Small-Cap ETF in the 4th quarter worth about $249,000.

iShares MSCI India Small-Cap ETF Stock Performance

Shares of SMIN opened at $72.96 on Friday. The stock has a 50 day moving average price of $74.69 and a two-hundred day moving average price of $71.43. The firm has a market capitalization of $890.11 million, a P/E ratio of 26.27 and a beta of 0.48. iShares MSCI India Small-Cap ETF has a 52 week low of $61.54 and a 52 week 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.