Lake Hills Wealth Management LLC Acquires New Position in iShares MSCI India ETF (BATS:INDA)

Lake Hills Wealth Management LLC acquired a new stake in iShares MSCI India ETF (BATS:INDA) during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 107,259 shares of the company’s stock, valued at approximately $5,522,000. iShares MSCI India ETF comprises about 3.8% of Lake Hills Wealth Management LLC’s portfolio, making the stock its 12th biggest holding. Lake Hills Wealth Management LLC owned 0.06% of iShares MSCI India ETF at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in INDA. Intellectus Partners LLC lifted its stake in shares of iShares MSCI India ETF by 4.3% in the 4th quarter. Intellectus Partners LLC now owns 4,872 shares of the company’s stock valued at $256,000 after acquiring an additional 200 shares during the last quarter. Dimension Capital Management LLC boosted its holdings in shares of iShares MSCI India ETF by 1.8% during the 4th quarter. Dimension Capital Management LLC now owns 12,492 shares of the company’s stock valued at $658,000 after acquiring an additional 222 shares in the last quarter. Ifrah Financial Services Inc. boosted its holdings in shares of iShares MSCI India ETF by 2.3% during the 4th quarter. Ifrah Financial Services Inc. now owns 10,066 shares of the company’s stock valued at $530,000 after acquiring an additional 223 shares in the last quarter. Leavell Investment Management Inc. boosted its holdings in shares of iShares MSCI India ETF by 2.6% during the 4th quarter. Leavell Investment Management Inc. now owns 9,856 shares of the company’s stock valued at $519,000 after acquiring an additional 248 shares in the last quarter. Finally, Farther Finance Advisors LLC boosted its holdings in shares of iShares MSCI India ETF by 18.9% during the 4th quarter. Farther Finance Advisors LLC now owns 1,566 shares of the company’s stock valued at $82,000 after acquiring an additional 249 shares in the last quarter.

iShares MSCI India ETF Stock Up 7.8%

BATS INDA opened at $54.92 on Friday. iShares MSCI India ETF has a twelve month low of $47.60 and a twelve month high of $59.49. The company has a market cap of $9.35 billion, a price-to-earnings ratio of 22.81 and a beta of 0.48. The business’s fifty day moving average is $52.93 and its 200 day moving average is $52.16.

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.