City of London Investment Management Co. Ltd. Sells 6,912 Shares of iShares MSCI India ETF $INDA

City of London Investment Management Co. Ltd. cut its stake in iShares MSCI India ETF (BATS:INDA) by 22.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 23,718 shares of the company’s stock after selling 6,912 shares during the period. City of London Investment Management Co. Ltd.’s holdings in iShares MSCI India ETF were worth $1,321,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Cercano Management LLC bought a new stake in shares of iShares MSCI India ETF in the 2nd quarter valued at $2,587,000. Cetera Investment Advisers lifted its holdings in iShares MSCI India ETF by 303.9% in the second quarter. Cetera Investment Advisers now owns 125,670 shares of the company’s stock valued at $6,997,000 after buying an additional 94,558 shares during the period. Creative Planning boosted its position in iShares MSCI India ETF by 62.7% during the second quarter. Creative Planning now owns 162,108 shares of the company’s stock valued at $9,026,000 after acquiring an additional 62,471 shares during the last quarter. SG Americas Securities LLC grew its holdings in iShares MSCI India ETF by 60.4% during the 2nd quarter. SG Americas Securities LLC now owns 80,896 shares of the company’s stock worth $4,504,000 after acquiring an additional 30,466 shares during the period. Finally, 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 worth $39,000 after acquiring an additional 510 shares in the last quarter.

iShares MSCI India ETF Price Performance

Shares of BATS:INDA opened at $54.62 on Friday. iShares MSCI India ETF has a 1 year low of $47.60 and a 1 year high of $59.49. The business’s 50-day moving average is $53.59 and its 200-day moving average is $53.82. The company 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 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.