Prospera Financial Services Inc Takes Position in iShares MSCI India ETF $INDA

Prospera Financial Services Inc bought a new position in shares of iShares MSCI India ETF (BATS:INDA) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 22,540 shares of the company’s stock, valued at approximately $1,255,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in INDA. MYDA Advisors LLC acquired a new stake in shares of iShares MSCI India ETF during the first quarter worth about $1,030,000. Mutual of America Capital Management LLC increased its stake in iShares MSCI India ETF by 39.1% during the 1st quarter. Mutual of America Capital Management LLC now owns 441,366 shares of the company’s stock worth $22,722,000 after purchasing an additional 123,984 shares in the last quarter. Wealthfront Advisers LLC increased its stake in iShares MSCI India ETF by 19.8% during the 1st quarter. Wealthfront Advisers LLC now owns 88,980 shares of the company’s stock worth $4,581,000 after purchasing an additional 14,726 shares in the last quarter. Concord Wealth Partners acquired a new stake in iShares MSCI India ETF during the 1st quarter worth approximately $3,576,000. Finally, Denali Advisors LLC lifted its stake in iShares MSCI India ETF by 40.7% in the first quarter. Denali Advisors LLC now owns 7,600 shares of the company’s stock valued at $391,000 after buying an additional 2,200 shares in the last quarter.

iShares MSCI India ETF Stock Up 7.1%

Shares of BATS:INDA opened at $54.55 on Thursday. The firm has a market cap of $9.47 billion, a price-to-earnings 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. The company’s fifty day simple moving average is $53.51 and its 200 day simple moving average is $53.81.

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.