Sterling Investment Management LLC Trims Stock Holdings in iShares MSCI India ETF (BATS:INDA)

Sterling Investment Management LLC lowered its holdings in iShares MSCI India ETF (BATS:INDA) by 2.5% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 29,175 shares of the company’s stock after selling 746 shares during the period. Sterling Investment Management LLC’s holdings in iShares MSCI India ETF were worth $1,424,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of INDA. HighTower Advisors LLC acquired a new stake in iShares MSCI India ETF during the third quarter valued at approximately $608,000. Envestnet Asset Management Inc. raised its position in shares of iShares MSCI India ETF by 35.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 87,259 shares of the company’s stock worth $3,859,000 after purchasing an additional 22,601 shares during the period. Deutsche Bank AG raised its position in shares of iShares MSCI India ETF by 0.5% during the 3rd quarter. Deutsche Bank AG now owns 2,288,215 shares of the company’s stock worth $101,185,000 after purchasing an additional 12,500 shares during the period. Fullerton Fund Management Co Ltd. acquired a new stake in iShares MSCI India ETF in the 2nd quarter valued at approximately $15,604,000. Finally, Harel Insurance Investments & Financial Services Ltd. increased its position in iShares MSCI India ETF by 10.4% in the 3rd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 5,855 shares of the company’s stock valued at $259,000 after acquiring an additional 550 shares during the period.

iShares MSCI India ETF Price Performance

INDA opened at $51.10 on Thursday. iShares MSCI India ETF has a 12 month low of $30.57 and a 12 month high of $38.21. The stock has a market cap of $6.88 billion, a P/E ratio of 23.86 and a beta of 0.68. The stock’s 50 day moving average price is $50.72 and its 200 day moving average price is $47.60.

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.