CSM Advisors LLC Makes New Investment in iShares MSCI India ETF $INDA

CSM Advisors LLC bought a new stake in iShares MSCI India ETF (BATS:INDA) during the 2nd quarter, Holdings Channel.com reports. The institutional investor bought 544,586 shares of the company’s stock, valued at approximately $30,323,000. iShares MSCI India ETF accounts for about 0.9% of CSM Advisors LLC’s portfolio, making the stock its 24th biggest holding.

Other hedge funds have also made changes to their positions in the company. Rathbones Group PLC boosted its position in shares of iShares MSCI India ETF by 1.3% in the 2nd quarter. Rathbones Group PLC now owns 15,248 shares of the company’s stock worth $849,000 after buying an additional 200 shares in the last quarter. Bradley & Co. Private Wealth Management LLC acquired a new position in iShares MSCI India ETF during the second quarter worth about $53,000. Prospera Financial Services Inc acquired a new position in iShares MSCI India ETF during the second quarter worth about $1,255,000. Wedbush Securities Inc. lifted its holdings in shares of iShares MSCI India ETF by 3.1% in the second quarter. Wedbush Securities Inc. now owns 10,020 shares of the company’s stock valued at $558,000 after purchasing an additional 305 shares in the last quarter. Finally, Nvwm LLC grew its position in shares of iShares MSCI India ETF by 1.6% in the second quarter. Nvwm LLC now owns 21,713 shares of the company’s stock valued at $1,209,000 after purchasing an additional 336 shares during the last quarter.

iShares MSCI India ETF Price Performance

Shares of INDA opened at $53.76 on Friday. iShares MSCI India ETF has a 1-year low of $47.60 and a 1-year high of $59.49. The stock has a market cap of $9.33 billion, a price-to-earnings ratio of 25.20 and a beta of 0.48. The firm has a 50 day simple moving average of $53.38 and a 200-day simple moving average of $53.78.

iShares MSCI India ETF Company 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.