Miracle Mile Advisors LLC Has $2.09 Million Stock Holdings in iShares MSCI India ETF $INDA

Miracle Mile Advisors LLC reduced its stake in shares of iShares MSCI India ETF (BATS:INDA) by 26.5% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 40,061 shares of the company’s stock after selling 14,461 shares during the period. Miracle Mile Advisors LLC’s holdings in iShares MSCI India ETF were worth $2,086,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of the stock. Centricity Wealth Management LLC bought a new stake in iShares MSCI India ETF during the second quarter worth about $31,000. WealthShield Partners LLC raised its position in shares of iShares MSCI India ETF by 278.7% in the 2nd quarter. WealthShield Partners LLC now owns 693 shares of the company’s stock valued at $39,000 after buying an additional 510 shares in the last quarter. Briaud Financial Planning Inc acquired a new position in shares of iShares MSCI India ETF in the 2nd quarter valued at approximately $40,000. Twin Peaks Wealth Advisors LLC bought a new stake in shares of iShares MSCI India ETF during the 2nd quarter worth approximately $40,000. Finally, Newbridge Financial Services Group Inc. boosted its position in shares of iShares MSCI India ETF by 54.9% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 945 shares of the company’s stock worth $53,000 after acquiring an additional 335 shares in the last quarter.

iShares MSCI India ETF Price Performance

Shares of BATS:INDA opened at $54.57 on Friday. The company’s 50 day simple moving average is $54.05 and its 200 day simple moving average is $53.77. The stock has a market capitalization of $9.48 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.