Atom Investors LP Lowers Position in iShares MSCI India ETF (BATS:INDA)

Atom Investors LP trimmed its stake in iShares MSCI India ETF (BATS:INDA) by 52.6% during the 3rd quarter, Holdings Channel reports. The firm owned 20,301 shares of the company’s stock after selling 22,551 shares during the quarter. Atom Investors LP’s holdings in iShares MSCI India ETF were worth $1,188,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of INDA. Angeles Wealth Management LLC bought a new position in shares of iShares MSCI India ETF in the 2nd quarter worth $25,000. Abound Wealth Management purchased a new position in iShares MSCI India ETF in the second quarter worth $28,000. Highline Wealth Partners LLC purchased a new position in iShares MSCI India ETF in the third quarter worth $29,000. Fortitude Family Office LLC bought a new position in iShares MSCI India ETF in the second quarter valued at $37,000. Finally, Activest Wealth Management purchased a new stake in iShares MSCI India ETF during the third quarter valued at about $40,000.

iShares MSCI India ETF Stock Up 0.4 %

Shares of INDA stock opened at $55.08 on Wednesday. The firm has a market cap of $10.18 billion, a P/E ratio of 28.95 and a beta of 0.51. The business has a 50-day moving average price of $55.71 and a two-hundred day moving average price of $55.84. iShares MSCI India ETF has a 12-month low of $30.57 and a 12-month 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.