M Wealth Management LLC Acquires Shares of 9,200 iShares MSCI India ETF (BATS:INDA)

M Wealth Management LLC bought a new position in iShares MSCI India ETF (BATS:INDA) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 9,200 shares of the company’s stock, valued at approximately $484,000. iShares MSCI India ETF makes up about 0.4% of M Wealth Management LLC’s portfolio, making the stock its 27th biggest position.

A number of other institutional investors have also made changes to their positions in INDA. Highline Wealth Partners LLC acquired a new position in iShares MSCI India ETF in the third quarter valued at approximately $29,000. GAMMA Investing LLC acquired a new position in iShares MSCI India ETF during the 4th quarter valued at approximately $39,000. Activest Wealth Management bought a new position in iShares MSCI India ETF during the 3rd quarter worth $40,000. American Capital Advisory LLC acquired a new stake in iShares MSCI India ETF in the third quarter worth $41,000. Finally, Finley Financial LLC bought a new stake in iShares MSCI India ETF in the fourth quarter valued at $41,000.

iShares MSCI India ETF Stock Performance

Shares of INDA opened at $50.90 on Thursday. iShares MSCI India ETF has a 1 year low of $30.57 and a 1 year high of $38.21. The firm has a fifty day moving average of $53.24 and a 200-day moving average of $55.31. The company has a market cap of $9.40 billion, a price-to-earnings ratio of 28.95 and a beta of 0.51.

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.