Larch Capital Partners LLC Invests $1.68 Million in iShares MSCI India ETF $INDA

Larch Capital Partners LLC acquired a new position in shares of iShares MSCI India ETF (BATS:INDA) during the 4th quarter, Holdings Channel reports. The fund acquired 31,015 shares of the company’s stock, valued at approximately $1,676,000. iShares MSCI India ETF comprises approximately 0.2% of Larch Capital Partners LLC’s investment portfolio, making the stock its 23rd largest position.

A number of other hedge funds and other institutional investors have also recently modified their holdings of INDA. Arrowpoint Investment Partners Singapore Pte. Ltd. purchased a new position in shares of iShares MSCI India ETF in the third quarter valued at $26,000. Ravenswood Partners LP purchased a new stake in iShares MSCI India ETF during the third quarter valued at $27,000. CoreCap Advisors LLC lifted its position in iShares MSCI India ETF by 292.7% during the fourth quarter. CoreCap Advisors LLC now owns 538 shares of the company’s stock valued at $29,000 after purchasing an additional 401 shares during the last quarter. Assetmark Inc. lifted its position in iShares MSCI India ETF by 121.6% during the fourth quarter. Assetmark Inc. now owns 543 shares of the company’s stock valued at $29,000 after purchasing an additional 298 shares during the last quarter. Finally, Asset Dedication LLC bought a new position in iShares MSCI India ETF during the fourth quarter valued at $36,000.

iShares MSCI India ETF Trading Up 1.1%

Shares of BATS INDA opened at $49.58 on Friday. The firm’s 50-day moving average price is $48.80 and its 200-day moving average price is $50.65. The stock has a market capitalization of $8.61 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 $45.21 and a 12-month high of $56.01.

iShares MSCI India ETF Company 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.