Portside Wealth Group LLC Sells 544 Shares of iShares MSCI India ETF (BATS:INDA)

Portside Wealth Group LLC reduced its stake in shares of iShares MSCI India ETF (BATS:INDA) by 1.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 35,828 shares of the company’s stock after selling 544 shares during the quarter. Portside Wealth Group LLC’s holdings in iShares MSCI India ETF were worth $1,886,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of INDA. American Century Companies Inc. bought a new stake in shares of iShares MSCI India ETF during the second quarter worth $4,842,000. Envestnet Asset Management Inc. lifted its position in iShares MSCI India ETF by 90.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 127,593 shares of the company’s stock valued at $7,117,000 after purchasing an additional 60,634 shares during the period. Mercer Global Advisors Inc. ADV grew its position in shares of iShares MSCI India ETF by 45.7% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 14,891 shares of the company’s stock worth $831,000 after buying an additional 4,672 shares during the period. Blair William & Co. IL raised its stake in shares of iShares MSCI India ETF by 3.0% during the second quarter. Blair William & Co. IL now owns 115,476 shares of the company’s stock worth $6,441,000 after buying an additional 3,413 shares during the last quarter. Finally, Hsbc Holdings PLC raised its position in shares of iShares MSCI India ETF by 81.8% during the 2nd quarter. Hsbc Holdings PLC now owns 257,794 shares of the company’s stock valued at $14,375,000 after acquiring an additional 116,004 shares during the last quarter.

iShares MSCI India ETF Stock Up 0.4 %

Shares of iShares MSCI India ETF stock opened at $51.15 on Friday. The business has a fifty day simple moving average of $53.71 and a 200 day simple moving average of $55.65. The stock has a market cap of $9.45 billion, a PE ratio of 28.95 and a beta of 0.51. 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.