WMG Financial Advisors LLC Invests $223,000 in iShares MSCI India ETF $INDA

WMG Financial Advisors LLC purchased a new stake in iShares MSCI India ETF (BATS:INDA) in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 4,005 shares of the company’s stock, valued at approximately $223,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of INDA. Teacher Retirement System of Texas acquired a new position in shares of iShares MSCI India ETF in the 1st quarter valued at about $293,002,000. Vontobel Holding Ltd. boosted its position in iShares MSCI India ETF by 2,347.1% during the second quarter. Vontobel Holding Ltd. now owns 2,771,778 shares of the company’s stock worth $154,166,000 after purchasing an additional 2,658,509 shares during the period. OVERSEA CHINESE BANKING Corp Ltd boosted its position in iShares MSCI India ETF by 1,506.5% during the first quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 1,226,150 shares of the company’s stock worth $63,122,000 after purchasing an additional 1,149,825 shares during the period. Acadian Asset Management LLC bought a new stake in iShares MSCI India ETF during the first quarter worth approximately $44,181,000. Finally, Russell Investments Group Ltd. boosted its position in shares of iShares MSCI India ETF by 152.7% in the first quarter. Russell Investments Group Ltd. now owns 723,355 shares of the company’s stock valued at $37,238,000 after acquiring an additional 437,088 shares during the period.

iShares MSCI India ETF Trading Up 3.6%

INDA opened at $52.79 on Friday. The business has a 50 day moving average of $52.81 and a 200-day moving average of $53.30. The stock has a market capitalization of $9.17 billion, a price-to-earnings ratio of 25.20 and a beta of 0.48. iShares MSCI India ETF has a 1-year low of $47.60 and a 1-year high of $59.49.

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.