Mount Lucas Management LP Cuts Holdings in iShares MSCI India ETF (BATS:INDA)

Mount Lucas Management LP lessened its stake in iShares MSCI India ETF (BATS:INDA) by 42.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,514 shares of the company’s stock after selling 6,286 shares during the period. Mount Lucas Management LP’s holdings in iShares MSCI India ETF were worth $448,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Farther Finance Advisors LLC boosted its stake in shares of iShares MSCI India ETF by 29.5% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,317 shares of the company’s stock valued at $77,000 after purchasing an additional 300 shares in the last quarter. Leavell Investment Management Inc. boosted its stake in shares of iShares MSCI India ETF by 27.5% in the 3rd quarter. Leavell Investment Management Inc. now owns 9,608 shares of the company’s stock valued at $562,000 after purchasing an additional 2,075 shares in the last quarter. Equitable Trust Co. purchased a new stake in shares of iShares MSCI India ETF in the 3rd quarter valued at $291,000. SpiderRock Advisors LLC boosted its stake in shares of iShares MSCI India ETF by 6.9% in the 3rd quarter. SpiderRock Advisors LLC now owns 11,399 shares of the company’s stock valued at $667,000 after purchasing an additional 732 shares in the last quarter. Finally, Atria Investments Inc boosted its stake in shares of iShares MSCI India ETF by 31.9% in the 3rd quarter. Atria Investments Inc now owns 33,368 shares of the company’s stock valued at $1,953,000 after purchasing an additional 8,074 shares in the last quarter.

iShares MSCI India ETF Stock Performance

Shares of iShares MSCI India ETF stock opened at $48.38 on Tuesday. iShares MSCI India ETF has a 52-week low of $47.60 and a 52-week high of $59.49. The stock has a market capitalization of $8.24 billion, a price-to-earnings ratio of 23.24 and a beta of 0.75. The company has a fifty day moving average of $50.51 and a 200-day moving average of $54.00.

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.