Ardsley Advisory Partners LP Invests $9.79 Million in iShares MSCI India Small-Cap ETF $SMIN

Ardsley Advisory Partners LP acquired a new position in iShares MSCI India Small-Cap ETF (BATS:SMIN) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 140,000 shares of the company’s stock, valued at approximately $9,787,000. Ardsley Advisory Partners LP owned 1.15% of iShares MSCI India Small-Cap ETF as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in SMIN. Alliancebernstein L.P. boosted its stake in iShares MSCI India Small-Cap ETF by 10.7% during the second quarter. Alliancebernstein L.P. now owns 1,046,059 shares of the company’s stock valued at $80,735,000 after buying an additional 100,813 shares during the last quarter. Goldman Sachs Group Inc. boosted its stake in iShares MSCI India Small-Cap ETF by 69.6% during the first quarter. Goldman Sachs Group Inc. now owns 684,319 shares of the company’s stock valued at $46,595,000 after buying an additional 280,891 shares during the last quarter. Hillsdale Investment Management Inc. boosted its stake in iShares MSCI India Small-Cap ETF by 42.0% during the third quarter. Hillsdale Investment Management Inc. now owns 497,118 shares of the company’s stock valued at $35,653,000 after buying an additional 147,000 shares during the last quarter. Bank of America Corp DE boosted its stake in iShares MSCI India Small-Cap ETF by 10.5% during the second quarter. Bank of America Corp DE now owns 426,810 shares of the company’s stock valued at $32,941,000 after buying an additional 40,549 shares during the last quarter. Finally, Causeway Capital Management LLC boosted its stake in iShares MSCI India Small-Cap ETF by 168.2% during the third quarter. Causeway Capital Management LLC now owns 367,520 shares of the company’s stock valued at $26,359,000 after buying an additional 230,512 shares during the last quarter.

iShares MSCI India Small-Cap ETF Trading Down 0.5%

Shares of iShares MSCI India Small-Cap ETF stock opened at $68.35 on Thursday. The stock has a 50 day moving average of $66.49 and a 200 day moving average of $66.46. iShares MSCI India Small-Cap ETF has a 12 month low of $57.78 and a 12 month high of $78.54. The firm has a market cap of $833.87 million, a PE ratio of 26.27 and a beta of 0.48.

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.