Activest Wealth Management Trims Stake in iShares MSCI India ETF $INDA

Activest Wealth Management lowered its holdings in iShares MSCI India ETF (BATS:INDA) by 23.4% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 876 shares of the company’s stock after selling 268 shares during the quarter. Activest Wealth Management’s holdings in iShares MSCI India ETF were worth $49,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Modus Advisors LLC grew its stake in shares of iShares MSCI India ETF by 2.6% in the second quarter. Modus Advisors LLC now owns 7,887 shares of the company’s stock valued at $439,000 after buying an additional 199 shares in the last quarter. Harbour Investments Inc. grew its stake in shares of iShares MSCI India ETF by 12.1% in the first quarter. Harbour Investments Inc. now owns 1,859 shares of the company’s stock valued at $96,000 after buying an additional 200 shares in the last quarter. Endowment Wealth Management Inc. grew its stake in shares of iShares MSCI India ETF by 0.8% in the first quarter. Endowment Wealth Management Inc. now owns 29,221 shares of the company’s stock valued at $1,504,000 after buying an additional 237 shares in the last quarter. Delos Wealth Advisors LLC grew its stake in shares of iShares MSCI India ETF by 0.7% in the first quarter. Delos Wealth Advisors LLC now owns 42,226 shares of the company’s stock valued at $2,174,000 after buying an additional 311 shares in the last quarter. Finally, JGP Wealth Management LLC grew its stake in shares of iShares MSCI India ETF by 7.4% in the second quarter. JGP Wealth Management LLC now owns 5,581 shares of the company’s stock valued at $311,000 after buying an additional 385 shares in the last quarter.

iShares MSCI India ETF Price Performance

INDA opened at $54.04 on Friday. iShares MSCI India ETF has a 12 month low of $47.60 and a 12 month high of $59.49. The stock has a market capitalization of $9.38 billion, a price-to-earnings ratio of 25.20 and a beta of 0.48. The business has a fifty day moving average price of $52.89 and a 200 day moving average price of $53.36.

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.