Meitav Investment House Ltd. Increases Stock Position in iShares MSCI India ETF $INDA

Meitav Investment House Ltd. increased its holdings in iShares MSCI India ETF (BATS:INDA) by 2.3% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 70,123 shares of the company’s stock after buying an additional 1,598 shares during the period. Meitav Investment House Ltd.’s holdings in iShares MSCI India ETF were worth $3,904,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Salem Investment Counselors Inc. increased its holdings in shares of iShares MSCI India ETF by 166.7% in the 1st quarter. Salem Investment Counselors Inc. now owns 480 shares of the company’s stock valued at $25,000 after acquiring an additional 300 shares during the period. Ramirez Asset Management Inc. purchased a new position in iShares MSCI India ETF in the first quarter valued at about $26,000. Centricity Wealth Management LLC bought a new position in iShares MSCI India ETF in the second quarter worth about $31,000. Redwood Park Advisors LLC bought a new position in iShares MSCI India ETF in the first quarter worth about $38,000. Finally, MCF Advisors LLC lifted its position in shares of iShares MSCI India ETF by 460.7% during the first quarter. MCF Advisors LLC now owns 914 shares of the company’s stock valued at $47,000 after buying an additional 751 shares during the last quarter.

iShares MSCI India ETF Stock Performance

BATS:INDA opened at $52.75 on Tuesday. The company’s 50-day simple moving average is $52.83 and its 200-day simple moving average is $53.28. iShares MSCI India ETF has a fifty-two week low of $47.60 and a fifty-two week high of $59.49. The stock has a market capitalization of $9.16 billion, a P/E ratio of 25.20 and a beta of 0.48.

iShares MSCI India ETF 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.