Bedell Frazier Investment Counselling LLC Cuts Stake in iShares MSCI India ETF (BATS:INDA)

Bedell Frazier Investment Counselling LLC lowered its stake in shares of iShares MSCI India ETF (BATS:INDA) by 26.3% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 100,216 shares of the company’s stock after selling 35,801 shares during the period. iShares MSCI India ETF comprises 1.4% of Bedell Frazier Investment Counselling LLC’s investment portfolio, making the stock its 26th biggest position. Bedell Frazier Investment Counselling LLC owned about 0.05% of iShares MSCI India ETF worth $5,866,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. Sonoma Private Wealth LLC boosted its holdings in iShares MSCI India ETF by 2.3% in the 3rd quarter. Sonoma Private Wealth LLC now owns 8,064 shares of the company’s stock valued at $472,000 after purchasing an additional 181 shares during the last quarter. Naples Global Advisors LLC boosted its holdings in iShares MSCI India ETF by 2.5% in the 2nd quarter. Naples Global Advisors LLC now owns 8,350 shares of the company’s stock valued at $466,000 after purchasing an additional 200 shares during the last quarter. Portside Wealth Group LLC boosted its holdings in iShares MSCI India ETF by 0.6% in the 3rd quarter. Portside Wealth Group LLC now owns 36,372 shares of the company’s stock valued at $2,129,000 after purchasing an additional 226 shares during the last quarter. National Bank of Canada FI boosted its holdings in iShares MSCI India ETF by 0.3% in the 2nd quarter. National Bank of Canada FI now owns 76,644 shares of the company’s stock valued at $4,292,000 after purchasing an additional 227 shares during the last quarter. Finally, Register Financial Advisors LLC boosted its holdings in iShares MSCI India ETF by 15.1% in the 2nd quarter. Register Financial Advisors LLC now owns 1,902 shares of the company’s stock valued at $106,000 after purchasing an additional 250 shares during the last quarter.

iShares MSCI India ETF Price Performance

BATS:INDA opened at $54.23 on Monday. The firm has a market capitalization of $10.02 billion, a price-to-earnings ratio of 28.95 and a beta of 0.51. The company’s 50-day moving average is $56.13 and its two-hundred day moving average is $55.72. iShares MSCI India ETF has a 1-year low of $30.57 and a 1-year high of $38.21.

About iShares MSCI India ETF

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.