Ifrah Financial Services Inc. Purchases 223 Shares of iShares MSCI India ETF (BATS:INDA)

Ifrah Financial Services Inc. boosted its position in iShares MSCI India ETF (BATS:INDA) by 2.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,066 shares of the company’s stock after buying an additional 223 shares during the period. Ifrah Financial Services Inc.’s holdings in iShares MSCI India ETF were worth $530,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Highline Wealth Partners LLC bought a new stake in iShares MSCI India ETF during the 3rd quarter worth approximately $29,000. GAMMA Investing LLC purchased a new stake in shares of iShares MSCI India ETF during the fourth quarter valued at approximately $39,000. Activest Wealth Management purchased a new stake in shares of iShares MSCI India ETF during the third quarter valued at approximately $40,000. American Capital Advisory LLC purchased a new stake in shares of iShares MSCI India ETF during the third quarter valued at approximately $41,000. Finally, Finley Financial LLC purchased a new stake in shares of iShares MSCI India ETF during the fourth quarter valued at approximately $41,000.

iShares MSCI India ETF Trading Down 2.7 %

Shares of INDA opened at $49.58 on Monday. The company has a market capitalization of $9.16 billion, a price-to-earnings ratio of 28.95 and a beta of 0.51. The stock has a 50 day moving average of $52.23 and a 200 day moving average of $54.79. iShares MSCI India ETF has a 12 month low of $30.57 and a 12 month high of $38.21.

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.