Rafferty Asset Management LLC Sells 269,470 Shares of iShares MSCI India ETF (BATS:INDA)

Rafferty Asset Management LLC lessened its stake in iShares MSCI India ETF (BATS:INDA) by 27.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 706,219 shares of the company’s stock after selling 269,470 shares during the period. Rafferty Asset Management LLC’s holdings in iShares MSCI India ETF were worth $37,175,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of INDA. Barclays PLC grew its holdings in iShares MSCI India ETF by 9.4% during the 3rd quarter. Barclays PLC now owns 408,073 shares of the company’s stock worth $23,884,000 after acquiring an additional 35,209 shares during the period. GAMMA Investing LLC acquired a new position in shares of iShares MSCI India ETF in the 4th quarter valued at $39,000. Wealth Enhancement Advisory Services LLC grew its holdings in shares of iShares MSCI India ETF by 5.5% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 40,415 shares of the company’s stock valued at $2,127,000 after buying an additional 2,114 shares during the period. Peak Financial Advisors LLC grew its holdings in shares of iShares MSCI India ETF by 1.2% in the 4th quarter. Peak Financial Advisors LLC now owns 123,638 shares of the company’s stock valued at $6,508,000 after buying an additional 1,491 shares during the period. Finally, Connective Portfolio Management LLC acquired a new position in shares of iShares MSCI India ETF in the 4th quarter valued at $1,160,000.

iShares MSCI India ETF Stock Up 6.0%

Shares of INDA stock opened at $54.00 on Thursday. iShares MSCI India ETF has a 12-month low of $47.60 and a 12-month high of $59.49. The firm has a market capitalization of $9.15 billion, a price-to-earnings ratio of 22.81 and a beta of 0.49. The firm has a fifty day moving average of $51.57 and a 200-day moving average of $52.14.

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.