D.A. Davidson & CO. Sells 23,709 Shares of iShares MSCI India ETF (BATS:INDA)

D.A. Davidson & CO. cut its holdings in iShares MSCI India ETF (BATS:INDA) by 21.7% in the 4th quarter, HoldingsChannel.com reports. The fund owned 85,705 shares of the company’s stock after selling 23,709 shares during the period. D.A. Davidson & CO.’s holdings in iShares MSCI India ETF were worth $4,512,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Highline Wealth Partners LLC bought a new position in shares of iShares MSCI India ETF in the 3rd quarter worth about $29,000. Activest Wealth Management bought a new position in shares of iShares MSCI India ETF in the 3rd quarter worth about $40,000. American Capital Advisory LLC bought a new position in shares of iShares MSCI India ETF in the 3rd quarter worth about $41,000. GAMMA Investing LLC acquired a new stake in shares of iShares MSCI India ETF in the 4th quarter valued at about $39,000. Finally, Gordian Capital Singapore Pte Ltd acquired a new stake in shares of iShares MSCI India ETF in the 3rd quarter valued at about $47,000.

iShares MSCI India ETF Price Performance

Shares of INDA opened at $49.75 on Thursday. The stock has a 50-day moving average of $51.87 and a 200-day moving average of $54.66. The company has a market cap of $9.19 billion, a PE ratio of 28.95 and a beta of 0.51. iShares MSCI India ETF has a one year low of $30.57 and a one year high of $38.21.

About iShares MSCI India ETF

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.