Janney Montgomery Scott LLC Has $1.25 Million Position in iShares MSCI India ETF $INDA

Janney Montgomery Scott LLC trimmed its position in iShares MSCI India ETF (BATS:INDA) by 58.3% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,577 shares of the company’s stock after selling 37,225 shares during the quarter. Janney Montgomery Scott LLC’s holdings in iShares MSCI India ETF were worth $1,245,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the business. Blue Square Asset Management LLC boosted its stake in shares of iShares MSCI India ETF by 34.1% in the fourth quarter. Blue Square Asset Management LLC now owns 150,775 shares of the company’s stock valued at $8,149,000 after buying an additional 38,366 shares during the period. Castellan Group acquired a new stake in shares of iShares MSCI India ETF during the 4th quarter worth approximately $1,885,000. Exchange Traded Concepts LLC acquired a new stake in shares of iShares MSCI India ETF in the 4th quarter valued at $8,904,000. BlueCrest Capital Management Ltd grew its position in iShares MSCI India ETF by 213.5% in the third quarter. BlueCrest Capital Management Ltd now owns 116,000 shares of the company’s stock valued at $6,039,000 after acquiring an additional 79,000 shares during the last quarter. Finally, NewEdge Wealth LLC acquired a new position in iShares MSCI India ETF during the 4th quarter worth approximately $2,980,000.

iShares MSCI India ETF Price Performance

INDA stock traded up $0.28 during midday trading on Friday, reaching $49.30. 3,270,139 shares of the stock were exchanged, compared to its average volume of 8,023,629. The company has a fifty day moving average price of $48.71 and a 200 day moving average price of $50.22. iShares MSCI India ETF has a 52 week low of $45.21 and a 52 week high of $55.50. The stock has a market capitalization of $8.56 billion, a PE ratio of 25.20 and a beta of 0.48.

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.