Financial Enhancement Group LLC Sells 352 Shares of iShares MSCI India ETF (BATS:INDA)

Financial Enhancement Group LLC cut its holdings in shares of iShares MSCI India ETF (BATS:INDA) by 2.0% during the 2nd quarter, Holdings Channel.com reports. The firm owned 17,554 shares of the company’s stock after selling 352 shares during the quarter. Financial Enhancement Group LLC’s holdings in iShares MSCI India ETF were worth $997,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Founders Financial Securities LLC lifted its position in shares of iShares MSCI India ETF by 2.3% during the second quarter. Founders Financial Securities LLC now owns 48,310 shares of the company’s stock worth $2,695,000 after acquiring an additional 1,072 shares in the last quarter. Oxinas Partners Wealth Management LLC bought a new position in iShares MSCI India ETF in the 2nd quarter worth about $521,000. New Harbor Financial Group LLC grew its holdings in iShares MSCI India ETF by 2.7% during the 2nd quarter. New Harbor Financial Group LLC now owns 213,188 shares of the company’s stock valued at $11,892,000 after buying an additional 5,575 shares in the last quarter. Endowment Wealth Management Inc. increased its position in shares of iShares MSCI India ETF by 3.6% during the second quarter. Endowment Wealth Management Inc. now owns 20,183 shares of the company’s stock valued at $1,126,000 after buying an additional 699 shares during the period. Finally, Phraction Management LLC bought a new stake in shares of iShares MSCI India ETF during the second quarter valued at about $201,000.

iShares MSCI India ETF Stock Performance

iShares MSCI India ETF stock traded down $0.44 during midday trading on Wednesday, reaching $57.28. 4,129,719 shares of the stock were exchanged. iShares MSCI India ETF has a 52 week low of $30.57 and a 52 week high of $38.21. The firm has a market cap of $10.58 billion, a PE ratio of 28.95 and a beta of 0.51. The company’s fifty day moving average is $56.46 and its 200-day moving average is $53.81.

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.