Northwestern Mutual Wealth Management Co. Sells 73,711 Shares of iShares MSCI India Small-Cap ETF $SMIN

by · The Cerbat Gem

Northwestern Mutual Wealth Management Co. decreased its holdings in shares of iShares MSCI India Small-Cap ETF (BATS:SMINFree Report) by 36.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 128,612 shares of the company’s stock after selling 73,711 shares during the quarter. Northwestern Mutual Wealth Management Co. owned about 1.05% of iShares MSCI India Small-Cap ETF worth $8,991,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. NewEdge Advisors LLC raised its holdings in iShares MSCI India Small-Cap ETF by 81.5% during the 2nd quarter. NewEdge Advisors LLC now owns 334 shares of the company’s stock valued at $26,000 after acquiring an additional 150 shares during the period. Farther Finance Advisors LLC raised its holdings in iShares MSCI India Small-Cap ETF by 138.4% during the 4th quarter. Farther Finance Advisors LLC now owns 565 shares of the company’s stock valued at $39,000 after acquiring an additional 328 shares during the period. Advisory Services Network LLC bought a new stake in iShares MSCI India Small-Cap ETF during the 3rd quarter valued at $42,000. HighMark Wealth Management LLC raised its holdings in iShares MSCI India Small-Cap ETF by 35.8% during the 4th quarter. HighMark Wealth Management LLC now owns 615 shares of the company’s stock valued at $43,000 after acquiring an additional 162 shares during the period. Finally, Flagship Harbor Advisors LLC bought a new stake in iShares MSCI India Small-Cap ETF during the 4th quarter valued at $46,000.

iShares MSCI India Small-Cap ETF Price Performance

Shares of SMIN stock opened at $66.80 on Wednesday. The company’s fifty day simple moving average is $64.83 and its two-hundred day simple moving average is $66.97. iShares MSCI India Small-Cap ETF has a 1 year low of $57.78 and a 1 year high of $78.54. The stock has a market capitalization of $814.96 million, a price-to-earnings ratio of 26.27 and a beta of 0.48.

About iShares MSCI India Small-Cap ETF

(Free Report)

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.

Further Reading

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