Everstar Asset Management LLC Makes New $332,000 Investment in iShares MSCI India ETF $INDA

Everstar Asset Management LLC purchased a new stake in iShares MSCI India ETF (BATS:INDA) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 5,969 shares of the company’s stock, valued at approximately $332,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in INDA. Lido Advisors LLC boosted its stake in iShares MSCI India ETF by 714.0% in the 2nd quarter. Lido Advisors LLC now owns 79,061 shares of the company’s stock worth $4,402,000 after purchasing an additional 69,348 shares during the period. Rinkey Investments purchased a new stake in shares of iShares MSCI India ETF in the second quarter worth about $369,000. Mackenzie Financial Corp boosted its position in shares of iShares MSCI India ETF by 17.0% in the second quarter. Mackenzie Financial Corp now owns 481,985 shares of the company’s stock valued at $26,837,000 after acquiring an additional 69,953 shares during the period. Scotia Capital Inc. grew its stake in iShares MSCI India ETF by 5.4% during the second quarter. Scotia Capital Inc. now owns 10,331 shares of the company’s stock valued at $575,000 after acquiring an additional 525 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in iShares MSCI India ETF by 33.3% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 146,833 shares of the company’s stock worth $8,176,000 after acquiring an additional 36,693 shares during the period.

iShares MSCI India ETF Price Performance

BATS INDA opened at $54.71 on Monday. The company’s 50 day simple moving average is $53.82 and its two-hundred day simple moving average is $53.90. iShares MSCI India ETF has a 1 year low of $47.60 and a 1 year high of $59.49. The stock has a market capitalization of $9.50 billion, a PE 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.