Highland Financial Advisors LLC Purchases 8,529 Shares of iShares MSCI India Small-Cap ETF $SMIN

Highland Financial Advisors LLC increased its position in iShares MSCI India Small-Cap ETF (BATS:SMIN) by 15.1% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 64,907 shares of the company’s stock after purchasing an additional 8,529 shares during the quarter. iShares MSCI India Small-Cap ETF makes up 1.0% of Highland Financial Advisors LLC’s holdings, making the stock its 19th largest position. Highland Financial Advisors LLC’s holdings in iShares MSCI India Small-Cap ETF were worth $4,466,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. IFP Advisors Inc grew its holdings in iShares MSCI India Small-Cap ETF by 26.5% during the third quarter. IFP Advisors Inc now owns 2,150 shares of the company’s stock worth $148,000 after purchasing an additional 450 shares during the period. Envestnet Asset Management Inc. increased its position in iShares MSCI India Small-Cap ETF by 9.0% during the second quarter. Envestnet Asset Management Inc. now owns 21,541 shares of the company’s stock worth $1,524,000 after buying an additional 1,786 shares during the last quarter. Integrated Wealth Concepts LLC acquired a new position in iShares MSCI India Small-Cap ETF during the second quarter worth approximately $1,004,000. Highland Investment Advisors LLC bought a new stake in iShares MSCI India Small-Cap ETF in the second quarter valued at approximately $65,000. Finally, Crumly & Associates Inc. raised its stake in iShares MSCI India Small-Cap ETF by 1.8% in the second quarter. Crumly & Associates Inc. now owns 191,179 shares of the company’s stock valued at $13,522,000 after buying an additional 3,416 shares during the period.

iShares MSCI India Small-Cap ETF Trading Down 0.8%

Shares of SMIN traded down $0.57 during mid-day trading on Monday, reaching $68.51. The company’s stock had a trading volume of 25,961 shares, compared to its average volume of 148,418. iShares MSCI India Small-Cap ETF has a 1-year low of $57.78 and a 1-year high of $75.94. The stock has a market cap of $835.82 million, a P/E ratio of 26.27 and a beta of 0.48. The business has a 50-day simple moving average of $70.42 and a two-hundred day simple moving average of $68.59.

iShares MSCI India Small-Cap ETF Company 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.