Checchi Capital Advisers LLC Sells 16,960 Shares of iShares MSCI India ETF $INDA

Checchi Capital Advisers LLC trimmed its stake in shares of iShares MSCI India ETF (BATS:INDA) by 13.5% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 108,648 shares of the company’s stock after selling 16,960 shares during the quarter. Checchi Capital Advisers LLC owned approximately 0.06% of iShares MSCI India ETF worth $5,089,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Blue Square Asset Management LLC lifted its stake in shares of iShares MSCI India ETF by 34.1% in the 4th quarter. Blue Square Asset Management LLC now owns 150,775 shares of the company’s stock valued at $8,149,000 after acquiring an additional 38,366 shares during the last quarter. Castellan Group bought a new stake in iShares MSCI India ETF during the 4th quarter worth $1,885,000. Exchange Traded Concepts LLC bought a new stake in iShares MSCI India ETF during the 4th quarter worth $8,904,000. BlueCrest Capital Management Ltd increased its holdings in iShares MSCI India ETF by 213.5% in the 3rd quarter. BlueCrest Capital Management Ltd now owns 116,000 shares of the company’s stock worth $6,039,000 after purchasing an additional 79,000 shares in the last quarter. Finally, IFM Investors Pty Ltd increased its holdings in iShares MSCI India ETF by 0.6% in the 1st quarter. IFM Investors Pty Ltd now owns 1,940,759 shares of the company’s stock worth $90,905,000 after purchasing an additional 10,700 shares in the last quarter.

iShares MSCI India ETF Trading Down 0.1%

iShares MSCI India ETF stock opened at $48.73 on Wednesday. The stock has a 50-day moving average price of $48.69 and a two-hundred day moving average price of $50.11. iShares MSCI India ETF has a 12 month low of $45.21 and a 12 month high of $55.50. The company has a market capitalization of $8.46 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.