Clientfirst Wealth Management LLC Buys New Position in iShares MSCI India ETF (BATS:INDA)

Clientfirst Wealth Management LLC purchased a new position in shares of iShares MSCI India ETF (BATS:INDA) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 17,620 shares of the company’s stock, valued at approximately $928,000. iShares MSCI India ETF accounts for about 0.9% of Clientfirst Wealth Management LLC’s investment portfolio, making the stock its 13th largest holding.

Several other hedge funds have also made changes to their positions in INDA. Merit Financial Group LLC increased its holdings in iShares MSCI India ETF by 153.3% during the 4th quarter. Merit Financial Group LLC now owns 10,434 shares of the company’s stock worth $549,000 after purchasing an additional 6,314 shares during the period. Wealth Enhancement Advisory Services LLC grew its position in shares of iShares MSCI India ETF by 5.5% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 40,415 shares of the company’s stock worth $2,127,000 after buying an additional 2,114 shares in the last quarter. Geode Capital Management LLC purchased a new stake in shares of iShares MSCI India ETF during the third quarter worth approximately $6,059,000. Ameliora Wealth Management Ltd. raised its holdings in iShares MSCI India ETF by 17.0% in the fourth quarter. Ameliora Wealth Management Ltd. now owns 100,425 shares of the company’s stock valued at $5,292,000 after acquiring an additional 14,579 shares in the last quarter. Finally, Bensler LLC lifted its stake in iShares MSCI India ETF by 2.3% in the third quarter. Bensler LLC now owns 375,548 shares of the company’s stock worth $21,981,000 after acquiring an additional 8,546 shares during the last quarter.

iShares MSCI India ETF Trading Down 0.9 %

Shares of BATS:INDA opened at $50.47 on Friday. iShares MSCI India ETF has a 52 week low of $30.57 and a 52 week high of $38.21. The company’s 50 day moving average is $52.75 and its two-hundred day moving average is $55.03. The company has a market cap of $9.32 billion, a PE ratio of 28.95 and a beta of 0.51.

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.