HighTower Advisors LLC lowered its stake in shares of iShares MSCI India ETF (BATS:INDA – Free Report) by 50.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 55,088 shares of the company’s stock after selling 55,238 shares during the quarter. HighTower Advisors LLC’s holdings in iShares MSCI India ETF were worth $2,977,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Atlantic Union Bankshares Corp acquired a new stake in iShares MSCI India ETF in the third quarter valued at about $25,000. Arrowpoint Investment Partners Singapore Pte. Ltd. acquired a new stake in iShares MSCI India ETF in the third quarter valued at about $26,000. Ravenswood Partners LP acquired a new stake in iShares MSCI India ETF in the third quarter valued at about $27,000. CoreCap Advisors LLC lifted its position in iShares MSCI India ETF by 292.7% in the fourth quarter. CoreCap Advisors LLC now owns 538 shares of the company’s stock valued at $29,000 after purchasing an additional 401 shares during the period. Finally, Assetmark Inc. lifted its position in iShares MSCI India ETF by 121.6% in the fourth quarter. Assetmark Inc. now owns 543 shares of the company’s stock valued at $29,000 after purchasing an additional 298 shares during the period.
iShares MSCI India ETF Stock Down 0.3%
Shares of BATS:INDA opened at $48.56 on Friday. The company has a market cap of $8.43 billion, a P/E ratio of 25.20 and a beta of 0.48. iShares MSCI India ETF has a 52 week low of $45.21 and a 52 week high of $56.01. The company has a 50-day moving average price of $48.41 and a 200 day moving average price of $51.30.
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.
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