Midwest Trust Co Acquires New Stake in iShares MSCI India ETF $INDA

Midwest Trust Co purchased a new position in shares of iShares MSCI India ETF (BATS:INDA) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 4,931 shares of the company’s stock, valued at approximately $275,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in INDA. Ramirez Asset Management Inc. purchased a new stake in iShares MSCI India ETF during the first quarter valued at about $26,000. Centricity Wealth Management LLC purchased a new stake in shares of iShares MSCI India ETF during the 2nd quarter valued at approximately $31,000. Briaud Financial Planning Inc bought a new position in iShares MSCI India ETF in the 2nd quarter worth approximately $40,000. Redwood Park Advisors LLC purchased a new position in iShares MSCI India ETF in the 1st quarter valued at approximately $38,000. Finally, MCF Advisors LLC raised its holdings in iShares MSCI India ETF by 460.7% during the 1st quarter. MCF Advisors LLC now owns 914 shares of the company’s stock valued at $47,000 after acquiring an additional 751 shares during the period.

iShares MSCI India ETF Price Performance

iShares MSCI India ETF stock opened at $54.55 on Thursday. The firm has a market capitalization of $9.47 billion, a P/E ratio of 25.20 and a beta of 0.48. iShares MSCI India ETF has a one year low of $47.60 and a one year high of $59.49. The business has a fifty day moving average price of $53.51 and a 200-day moving average price of $53.81.

iShares MSCI India ETF Profile

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.