iShares MSCI India ETF $INDA Shares Sold by Laffer Tengler Investments Inc.

Laffer Tengler Investments Inc. trimmed its holdings in iShares MSCI India ETF (BATS:INDA) by 43.0% in the second quarter, Holdings Channel.com reports. The fund owned 4,452 shares of the company’s stock after selling 3,361 shares during the period. Laffer Tengler Investments Inc.’s holdings in iShares MSCI India ETF were worth $248,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Ramirez Asset Management Inc. acquired a new position in iShares MSCI India ETF in the first quarter worth approximately $26,000. Centricity Wealth Management LLC acquired a new position in shares of iShares MSCI India ETF in the 2nd quarter worth $31,000. Briaud Financial Planning Inc acquired a new stake in shares of iShares MSCI India ETF during the second quarter worth $40,000. Redwood Park Advisors LLC acquired a new position in shares of iShares MSCI India ETF in the 1st quarter valued at $38,000. Finally, MCF Advisors LLC increased its stake in iShares MSCI India ETF by 460.7% in the 1st quarter. MCF Advisors LLC now owns 914 shares of the company’s stock worth $47,000 after purchasing an additional 751 shares in the last quarter.

iShares MSCI India ETF Trading Up 5.5%

INDA stock opened at $53.76 on Monday. The firm has a 50-day moving average of $53.38 and a two-hundred day moving average of $53.79. The firm has a market capitalization of $9.33 billion, a PE ratio of 25.20 and a beta of 0.48. iShares MSCI India ETF has a one year low of $47.60 and a one year high of $59.49.

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.