Commonwealth Equity Services LLC Decreases Stake in iShares MSCI India ETF (BATS:INDA)

Commonwealth Equity Services LLC decreased its holdings in shares of iShares MSCI India ETF (BATS:INDA) by 20.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 303,424 shares of the company’s stock after selling 79,545 shares during the quarter. Commonwealth Equity Services LLC owned about 0.16% of iShares MSCI India ETF worth $15,972,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of INDA. Merit Financial Group LLC grew its stake in iShares MSCI India ETF by 153.3% during the 4th quarter. Merit Financial Group LLC now owns 10,434 shares of the company’s stock valued at $549,000 after acquiring an additional 6,314 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of iShares MSCI India ETF by 5.5% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 40,415 shares of the company’s stock worth $2,127,000 after purchasing an additional 2,114 shares during the last quarter. Geode Capital Management LLC purchased a new stake in shares of iShares MSCI India ETF in the third quarter valued at approximately $6,059,000. Ameliora Wealth Management Ltd. increased its holdings in shares of iShares MSCI India ETF by 17.0% in the fourth quarter. Ameliora Wealth Management Ltd. now owns 100,425 shares of the company’s stock valued at $5,292,000 after purchasing an additional 14,579 shares during the last quarter. Finally, MassMutual Private Wealth & Trust FSB lifted its position in iShares MSCI India ETF by 1,390.8% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 1,938 shares of the company’s stock worth $102,000 after buying an additional 1,808 shares in the last quarter.

iShares MSCI India ETF Stock Performance

BATS INDA opened at $49.45 on Tuesday. iShares MSCI India ETF has a fifty-two week low of $47.60 and a fifty-two week high of $59.49. The firm has a market capitalization of $8.42 billion, a P/E ratio of 22.55 and a beta of 0.75. The stock’s fifty day moving average is $50.10 and its two-hundred day moving average is $53.71.

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.