Connective Portfolio Management LLC Takes $1.16 Million Position in iShares MSCI India ETF (BATS:INDA)

Connective Portfolio Management LLC purchased a new position in shares of iShares MSCI India ETF (BATS:INDA) during the 4th quarter, Holdings Channel.com reports. The firm purchased 22,000 shares of the company’s stock, valued at approximately $1,160,000. iShares MSCI India ETF comprises approximately 1.7% of Connective Portfolio Management LLC’s investment portfolio, making the stock its 26th largest position.

Several other large investors have also bought and sold shares of the business. Peak Financial Advisors LLC boosted its stake 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 purchasing an additional 1,491 shares during the last quarter. Miracle Mile Advisors LLC increased its stake in iShares MSCI India ETF by 17.3% during the 4th quarter. Miracle Mile Advisors LLC now owns 68,160 shares of the company’s stock valued at $3,588,000 after purchasing an additional 10,054 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised 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 worth $2,127,000 after acquiring an additional 2,114 shares during the last quarter. GAMMA Investing LLC bought a new position in shares of iShares MSCI India ETF in the fourth quarter valued at approximately $39,000. Finally, B. Riley Wealth Advisors Inc. boosted its holdings in iShares MSCI India ETF by 12.1% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 31,712 shares of the company’s stock worth $1,848,000 after acquiring an additional 3,435 shares during the last quarter.

iShares MSCI India ETF Price Performance

Shares of iShares MSCI India ETF stock opened at $51.28 on Thursday. The firm has a market cap of $9.47 billion, a PE ratio of 28.95 and a beta of 0.51. The stock has a fifty day moving average price of $53.93 and a 200-day moving average price of $55.76. iShares MSCI India ETF has a 1 year low of $30.57 and a 1 year 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.