Brookstone Capital Management Decreases Holdings in iShares MSCI India ETF $INDA

Brookstone Capital Management decreased its position in shares of iShares MSCI India ETF (BATS:INDA) by 6.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,647 shares of the company’s stock after selling 1,154 shares during the quarter. Brookstone Capital Management’s holdings in iShares MSCI India ETF were worth $983,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Ramirez Asset Management Inc. purchased a new stake in shares of iShares MSCI India ETF during the 1st quarter worth approximately $26,000. Centricity Wealth Management LLC purchased a new stake in shares of iShares MSCI India ETF during the 2nd quarter worth approximately $31,000. Redwood Park Advisors LLC purchased a new stake in shares of iShares MSCI India ETF during the 1st quarter worth approximately $38,000. MCF Advisors LLC boosted its stake in shares of iShares MSCI India ETF by 460.7% during the 1st quarter. MCF Advisors LLC now owns 914 shares of the company’s stock worth $47,000 after acquiring an additional 751 shares in the last quarter. Finally, Private Trust Co. NA boosted its stake in shares of iShares MSCI India ETF by 787.3% during the 2nd quarter. Private Trust Co. NA now owns 1,189 shares of the company’s stock worth $66,000 after acquiring an additional 1,055 shares in the last quarter.

iShares MSCI India ETF Price Performance

Shares of BATS:INDA opened at $54.51 on Friday. The business’s 50 day simple moving average is $53.16 and its 200-day simple moving average is $53.59. The firm has a market capitalization of $9.46 billion, a price-to-earnings ratio of 25.20 and a beta of 0.48. iShares MSCI India ETF has a 12 month low of $47.60 and a 12 month high of $59.49.

About iShares MSCI India ETF

The iShares MSCI India ETF (INDA) is an exchange-traded fund that is based on the MSCI India index, a market-cap-weighted index of the top 85% of firms in the Indian securities market. INDA was launched on Feb 2, 2012 and is managed by BlackRock.