Cassaday & Co Wealth Management LLC Acquires New Stake in iShares MSCI India ETF (BATS:INDA)

Cassaday & Co Wealth Management LLC bought a new position in iShares MSCI India ETF (BATS:INDA) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 4,650 shares of the company’s stock, valued at approximately $245,000.

Several other institutional investors and hedge funds have also recently modified their holdings of INDA. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in shares of iShares MSCI India ETF in the third quarter worth approximately $175,931,000. Jennison Associates LLC purchased a new position in iShares MSCI India ETF in the 3rd quarter worth approximately $64,771,000. BNP Paribas Financial Markets increased its holdings in shares of iShares MSCI India ETF by 59.8% in the 3rd quarter. BNP Paribas Financial Markets now owns 2,459,410 shares of the company’s stock worth $143,949,000 after buying an additional 920,819 shares during the last quarter. Ninety One North America Inc. raised its position in shares of iShares MSCI India ETF by 2,928.6% during the 4th quarter. Ninety One North America Inc. now owns 647,858 shares of the company’s stock valued at $34,103,000 after buying an additional 626,467 shares in the last quarter. Finally, Flow Traders U.S. LLC bought a new stake in shares of iShares MSCI India ETF during the 3rd quarter worth $30,212,000.

iShares MSCI India ETF Stock Performance

Shares of BATS:INDA opened at $49.29 on Friday. The firm has a market capitalization of $9.11 billion, a PE ratio of 28.95 and a beta of 0.51. iShares MSCI India ETF has a 52-week low of $30.57 and a 52-week high of $38.21. The firm has a fifty day moving average of $51.64 and a 200 day moving average of $54.59.

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.