WCM Investment Management LLC cut its holdings in shares of iShares MSCI India ETF (BATS:INDA – Free Report) by 18.1% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 412,317 shares of the company’s stock after selling 91,343 shares during the period. WCM Investment Management LLC owned approximately 0.24% of iShares MSCI India ETF worth $18,727,000 as of its most recent SEC filing.
Several other hedge funds also recently added to or reduced their stakes in INDA. Ravenswood Partners LP acquired a new position in shares of iShares MSCI India ETF in the third quarter worth $27,000. CoreCap Advisors LLC raised its position in shares of iShares MSCI India ETF by 292.7% during the 4th quarter. CoreCap Advisors LLC now owns 538 shares of the company’s stock worth $29,000 after purchasing an additional 401 shares during the last quarter. Assetmark Inc. raised its position in shares of iShares MSCI India ETF by 121.6% in the fourth quarter. Assetmark Inc. now owns 543 shares of the company’s stock valued at $29,000 after buying an additional 298 shares during the last quarter. Global Trust Asset Management LLC grew its holdings in iShares MSCI India ETF by 835.9% in the first quarter. Global Trust Asset Management LLC now owns 599 shares of the company’s stock valued at $28,000 after purchasing an additional 535 shares during the period. Finally, Asset Dedication LLC acquired a new stake in iShares MSCI India ETF during the 4th quarter worth approximately $36,000.
iShares MSCI India ETF Price Performance
INDA opened at $48.91 on Monday. iShares MSCI India ETF has a 12-month low of $45.21 and a 12-month high of $55.50. The stock has a market capitalization of $8.49 billion, a PE ratio of 25.20 and a beta of 0.48. The firm’s fifty day moving average price is $48.62 and its 200 day moving average price is $50.01.
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.
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