Manning & Napier Advisors LLC Reduces Position in iShares MSCI India Small-Cap ETF (BATS:SMIN)

Manning & Napier Advisors LLC lessened its stake in shares of iShares MSCI India Small-Cap ETF (BATS:SMIN) by 7.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 26,156 shares of the company’s stock after selling 2,007 shares during the quarter. Manning & Napier Advisors LLC owned approximately 0.22% of iShares MSCI India Small-Cap ETF worth $2,000,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions 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 worth $1,010,000 after acquiring an additional 10,446 shares during the period. Truist Financial Corp purchased a new stake in iShares MSCI India Small-Cap ETF in the second quarter worth $357,000. Private Advisor Group LLC purchased a new stake in iShares MSCI India Small-Cap ETF in the third quarter worth $255,000. Creative Planning purchased a new stake in iShares MSCI India Small-Cap ETF in the second quarter worth $652,000. Finally, Centaurus Financial Inc. lifted its stake in iShares MSCI India Small-Cap ETF by 12.8% in the second quarter. Centaurus Financial Inc. now owns 18,990 shares of the company’s stock worth $1,536,000 after acquiring an additional 2,151 shares during the period.

iShares MSCI India Small-Cap ETF Stock Down 3.1 %

Shares of SMIN stock opened at $69.48 on Friday. The stock has a fifty day moving average of $77.54 and a 200 day moving average of $81.20. The firm has a market capitalization of $833.70 million, a price-to-earnings ratio of 28.28 and a beta of 0.46. iShares MSCI India Small-Cap ETF has a 52 week low of $40.25 and a 52 week high of $55.12.

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.