Lodestar Private Asset Management LLC Purchases 3,153 Shares of iShares MSCI India ETF $INDA

Lodestar Private Asset Management LLC boosted its position in shares of iShares MSCI India ETF (BATS:INDA) by 59.2% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,480 shares of the company’s stock after purchasing an additional 3,153 shares during the period. Lodestar Private Asset Management LLC’s holdings in iShares MSCI India ETF were worth $472,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of INDA. GAMMA Investing LLC lifted its position in iShares MSCI India ETF by 5,048.0% during the first quarter. GAMMA Investing LLC now owns 38,044 shares of the company’s stock worth $1,959,000 after acquiring an additional 37,305 shares during the last quarter. SG Americas Securities LLC bought a new position in shares of iShares MSCI India ETF during the first quarter worth approximately $2,596,000. Stanley Laman Group Ltd. bought a new position in shares of iShares MSCI India ETF during the first quarter worth approximately $1,544,000. Salem Investment Counselors Inc. increased its holdings in shares of iShares MSCI India ETF by 166.7% during the first quarter. Salem Investment Counselors Inc. now owns 480 shares of the company’s stock worth $25,000 after purchasing an additional 300 shares during the period. Finally, Jackson Square Capital LLC bought a new position in shares of iShares MSCI India ETF during the first quarter worth approximately $315,000.

iShares MSCI India ETF Trading Up 3.6%

Shares of INDA opened at $52.76 on Friday. The firm’s 50 day moving average is $52.81 and its 200-day moving average is $53.31. The stock has a market capitalization of $9.16 billion, a PE ratio of 25.20 and a beta of 0.48. iShares MSCI India ETF has a 12 month low of $47.60 and a 12 month high of $59.49.

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.