ERn Financial LLC Makes New Investment in iShares MSCI India Small-Cap ETF (BATS:SMIN)

ERn Financial LLC acquired a new position in shares of iShares MSCI India Small-Cap ETF (BATS:SMIN) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 25,731 shares of the company’s stock, valued at approximately $1,837,000. ERn Financial LLC owned approximately 0.54% of iShares MSCI India Small-Cap ETF at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Comerica Bank acquired a new position in iShares MSCI India Small-Cap ETF in the 3rd quarter valued at about $33,000. Wells Fargo & Company MN raised its stake in iShares MSCI India Small-Cap ETF by 180,100.0% in the 4th quarter. Wells Fargo & Company MN now owns 1,802 shares of the company’s stock valued at $93,000 after purchasing an additional 1,801 shares during the last quarter. Osaic Holdings Inc. raised its stake in iShares MSCI India Small-Cap ETF by 15.4% in the 2nd quarter. Osaic Holdings Inc. now owns 2,529 shares of the company’s stock valued at $147,000 after purchasing an additional 338 shares during the last quarter. Panagora Asset Management Inc. acquired a new position in iShares MSCI India Small-Cap ETF in the 3rd quarter valued at about $202,000. Finally, JPMorgan Chase & Co. raised its stake in iShares MSCI India Small-Cap ETF by 426.5% in the 2nd quarter. JPMorgan Chase & Co. now owns 3,238 shares of the company’s stock valued at $188,000 after purchasing an additional 2,623 shares during the last quarter.

iShares MSCI India Small-Cap ETF Trading Up 0.2 %

Shares of BATS SMIN traded up $0.12 on Friday, reaching $70.27. 150,471 shares of the company traded hands. iShares MSCI India Small-Cap ETF has a fifty-two week low of $40.25 and a fifty-two week high of $55.12. The company has a 50 day moving average of $71.62 and a 200 day moving average of $68.01. The stock has a market capitalization of $333.78 million, a PE ratio of 23.34 and a beta of 0.69.

About iShares MSCI India Small-Cap ETF

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.