Avalon Capital Management Purchases 75,615 Shares of iShares MSCI India ETF $INDA

Avalon Capital Management raised its stake in iShares MSCI India ETF (BATS:INDA) by 1,667.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 80,150 shares of the company’s stock after buying an additional 75,615 shares during the period. iShares MSCI India ETF comprises about 1.0% of Avalon Capital Management’s investment portfolio, making the stock its 26th biggest position. Avalon Capital Management’s holdings in iShares MSCI India ETF were worth $4,332,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Atlantic Union Bankshares Corp bought a new position in shares of iShares MSCI India ETF in the 3rd quarter worth $25,000. Arrowpoint Investment Partners Singapore Pte. Ltd. bought a new position in shares of iShares MSCI India ETF in the 3rd quarter worth $26,000. Ravenswood Partners LP bought a new position in shares of iShares MSCI India ETF in the 3rd quarter worth $27,000. CoreCap Advisors LLC increased its holdings in shares of iShares MSCI India ETF by 292.7% in the 4th quarter. CoreCap Advisors LLC now owns 538 shares of the company’s stock worth $29,000 after buying an additional 401 shares during the last quarter. Finally, Assetmark Inc. increased its holdings in shares of iShares MSCI India ETF by 121.6% in the 4th quarter. Assetmark Inc. now owns 543 shares of the company’s stock worth $29,000 after buying an additional 298 shares during the last quarter.

iShares MSCI India ETF Price Performance

Shares of BATS:INDA opened at $47.36 on Thursday. The company’s fifty day moving average price is $48.45 and its 200-day moving average price is $51.14. The firm has a market capitalization of $8.22 billion, a price-to-earnings ratio of 25.20 and a beta of 0.48. iShares MSCI India ETF has a one year low of $45.21 and a one year high of $56.01.

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.