Peak Financial Advisors LLC increased its position in shares of iShares MSCI India ETF (BATS:INDA – Free Report) by 1.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 123,638 shares of the company’s stock after purchasing an additional 1,491 shares during the quarter. iShares MSCI India ETF accounts for approximately 3.4% of Peak Financial Advisors LLC’s investment portfolio, making the stock its 8th largest holding. Peak Financial Advisors LLC owned 0.07% of iShares MSCI India ETF worth $6,508,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently modified their holdings of INDA. Choreo LLC acquired a new stake in shares of iShares MSCI India ETF during the second quarter worth about $335,000. American Century Companies Inc. purchased a new position in iShares MSCI India ETF during the second quarter valued at approximately $4,842,000. Envestnet Asset Management Inc. raised its position in iShares MSCI India ETF by 90.6% during the second quarter. Envestnet Asset Management Inc. now owns 127,593 shares of the company’s stock valued at $7,117,000 after acquiring an additional 60,634 shares in the last quarter. J.W. Cole Advisors Inc. raised its position in iShares MSCI India ETF by 22.1% during the second quarter. J.W. Cole Advisors Inc. now owns 11,249 shares of the company’s stock valued at $627,000 after acquiring an additional 2,033 shares in the last quarter. Finally, Pekin Hardy Strauss Inc. raised its position in iShares MSCI India ETF by 4.7% during the second quarter. Pekin Hardy Strauss Inc. now owns 66,697 shares of the company’s stock valued at $3,720,000 after acquiring an additional 2,992 shares in the last quarter.
iShares MSCI India ETF Trading Up 0.6 %
Shares of INDA stock opened at $50.93 on Wednesday. The stock has a 50 day moving average of $54.02 and a 200 day moving average of $55.79. The stock has a market cap of $9.41 billion, a P/E ratio of 28.95 and a beta of 0.51. iShares MSCI India ETF has a twelve month low of $30.57 and a twelve month high of $38.21.
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.
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