Rhumbline Advisers increased its stake in shares of iShares MSCI India ETF (BATS:INDA – Free Report) by 13.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 137,221 shares of the company’s stock after buying an additional 16,370 shares during the period. Rhumbline Advisers owned 0.08% of iShares MSCI India ETF worth $7,640,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Centricity Wealth Management LLC acquired a new position in shares of iShares MSCI India ETF during the second quarter worth approximately $31,000. WealthShield Partners LLC raised its position in iShares MSCI India ETF by 278.7% in the 2nd quarter. WealthShield Partners LLC now owns 693 shares of the company’s stock worth $39,000 after purchasing an additional 510 shares during the last quarter. Briaud Financial Planning Inc acquired a new position in iShares MSCI India ETF during the 2nd quarter worth $40,000. Bradley & Co. Private Wealth Management LLC bought a new position in iShares MSCI India ETF in the 2nd quarter valued at $53,000. Finally, Advisors Preferred LLC acquired a new stake in shares of iShares MSCI India ETF in the 2nd quarter valued at $54,000.
iShares MSCI India ETF Stock Up 5.8%
INDA stock opened at $53.88 on Wednesday. iShares MSCI India ETF has a twelve month low of $47.60 and a twelve month high of $59.49. The company has a market cap of $9.36 billion, a P/E ratio of 25.20 and a beta of 0.48. The business has a fifty day moving average of $53.85 and a 200-day moving average of $53.89.
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.
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