Royal Fund Management LLC Sells 153,545 Shares of iShares MSCI India ETF (BATS:INDA)

Royal Fund Management LLC cut its stake in iShares MSCI India ETF (BATS:INDA) by 52.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 136,796 shares of the company’s stock after selling 153,545 shares during the quarter. Royal Fund Management LLC owned about 0.07% of iShares MSCI India ETF worth $7,212,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Highline Wealth Partners LLC bought a new stake in shares of iShares MSCI India ETF during the third quarter worth $29,000. GAMMA Investing LLC bought a new stake in shares of iShares MSCI India ETF during the fourth quarter worth $39,000. Activest Wealth Management bought a new stake in shares of iShares MSCI India ETF during the third quarter worth $40,000. American Capital Advisory LLC bought a new stake in shares of iShares MSCI India ETF during the third quarter worth $41,000. Finally, Gordian Capital Singapore Pte Ltd bought a new stake in shares of iShares MSCI India ETF during the third quarter worth $47,000.

iShares MSCI India ETF Trading Up 0.4 %

Shares of iShares MSCI India ETF stock opened at $51.15 on Tuesday. The firm has a market cap of $9.45 billion, a P/E 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. The stock’s fifty day moving average price is $53.64 and its 200-day moving average price is $55.61.

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.