Newbridge Financial Services Group Inc. lowered its stake in shares of iShares MSCI India ETF (BATS:INDA – Free Report) by 23.1% in the fourth quarter, Holdings Channel reports. The institutional investor owned 2,215 shares of the company’s stock after selling 667 shares during the period. Newbridge Financial Services Group Inc.’s holdings in iShares MSCI India ETF were worth $117,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also bought and sold shares of the stock. WestEnd Advisors LLC bought a new stake in shares of iShares MSCI India ETF in the 4th quarter valued at about $77,000. Kingsview Wealth Management LLC purchased a new stake in iShares MSCI India ETF during the fourth quarter valued at approximately $3,299,000. Apollon Wealth Management LLC boosted its stake in iShares MSCI India ETF by 8.2% in the fourth quarter. Apollon Wealth Management LLC now owns 11,279 shares of the company’s stock valued at $594,000 after acquiring an additional 856 shares in the last quarter. Clientfirst Wealth Management LLC purchased a new position in iShares MSCI India ETF in the fourth quarter worth $928,000. Finally, Golden State Wealth Management LLC acquired a new position in shares of iShares MSCI India ETF during the fourth quarter worth $58,000.
iShares MSCI India ETF Price Performance
iShares MSCI India ETF stock opened at $50.58 on Tuesday. iShares MSCI India ETF has a 1-year low of $30.57 and a 1-year high of $38.21. The business has a fifty day moving average price of $52.67 and a 200-day moving average price of $54.99. The stock has a market capitalization of $9.34 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.
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