Wealthfront Advisers LLC Sells 12,370 Shares of iShares MSCI India ETF $INDA

Wealthfront Advisers LLC trimmed its holdings in shares of iShares MSCI India ETF (BATS:INDA) by 13.4% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 79,976 shares of the company’s stock after selling 12,370 shares during the period. Wealthfront Advisers LLC’s holdings in iShares MSCI India ETF were worth $3,746,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. Blue Square Asset Management LLC increased its stake in shares of iShares MSCI India ETF by 34.1% in the fourth quarter. Blue Square Asset Management LLC now owns 150,775 shares of the company’s stock valued at $8,149,000 after buying an additional 38,366 shares in the last quarter. Castellan Group bought a new position in shares of iShares MSCI India ETF in the fourth quarter valued at about $1,885,000. Exchange Traded Concepts LLC acquired a new position in iShares MSCI India ETF during the 4th quarter worth about $8,904,000. IFM Investors Pty Ltd lifted its position in iShares MSCI India ETF by 0.6% during the 1st quarter. IFM Investors Pty Ltd now owns 1,940,759 shares of the company’s stock worth $90,905,000 after buying an additional 10,700 shares in the last quarter. Finally, NewEdge Wealth LLC bought a new stake in iShares MSCI India ETF during the 4th quarter worth about $2,980,000.

iShares MSCI India ETF Stock Performance

INDA opened at $48.91 on Monday. The stock has a market capitalization of $8.49 billion, a PE ratio of 25.20 and a beta of 0.48. iShares MSCI India ETF has a 1-year low of $45.21 and a 1-year high of $55.50. The firm has a 50-day moving average price of $48.62 and a two-hundred day moving average price of $50.01.

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.