Founders Financial Securities LLC Purchases 1,072 Shares of iShares MSCI India ETF (BATS:INDA)

Founders Financial Securities LLC increased its position in iShares MSCI India ETF (BATS:INDA) by 2.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 48,310 shares of the company’s stock after purchasing an additional 1,072 shares during the quarter. Founders Financial Securities LLC’s holdings in iShares MSCI India ETF were worth $2,695,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. International Assets Investment Management LLC acquired a new stake in iShares MSCI India ETF in the 4th quarter valued at $2,259,000. Atria Wealth Solutions Inc. bought a new position in iShares MSCI India ETF during the 4th quarter valued at about $200,000. National Bank of Canada FI boosted its position in iShares MSCI India ETF by 0.8% in the fourth quarter. National Bank of Canada FI now owns 79,242 shares of the company’s stock valued at $3,853,000 after buying an additional 604 shares in the last quarter. Spire Wealth Management grew its stake in iShares MSCI India ETF by 168.8% during the fourth quarter. Spire Wealth Management now owns 637 shares of the company’s stock worth $32,000 after buying an additional 400 shares during the last quarter. Finally, Lincoln National Corp grew its stake in iShares MSCI India ETF by 55.9% during the fourth quarter. Lincoln National Corp now owns 20,425 shares of the company’s stock worth $997,000 after buying an additional 7,320 shares during the last quarter.

iShares MSCI India ETF Trading Down 0.8 %

BATS:INDA opened at $57.27 on Wednesday. The stock has a market capitalization of $10.58 billion, a P/E ratio of 28.95 and a beta of 0.51. iShares MSCI India ETF has a 1 year low of $30.57 and a 1 year high of $38.21. The firm has a 50 day moving average of $56.46 and a 200-day moving average of $53.81.

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.