Globeflex Capital L P Reduces Position in iShares MSCI India ETF $INDA

Globeflex Capital L P decreased its holdings in shares of iShares MSCI India ETF (BATS:INDA) by 35.7% during the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 55,643 shares of the company’s stock after selling 30,862 shares during the quarter. Globeflex Capital L P’s holdings in iShares MSCI India ETF were worth $2,606,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Wealthspire Advisors LLC boosted its holdings in iShares MSCI India ETF by 2.8% during the 4th quarter. Wealthspire Advisors LLC now owns 6,990 shares of the company’s stock valued at $378,000 after acquiring an additional 190 shares during the period. Cobblestone Asset Management LLC increased its stake in iShares MSCI India ETF by 1.7% in the fourth quarter. Cobblestone Asset Management LLC now owns 12,115 shares of the company’s stock worth $655,000 after purchasing an additional 206 shares during the period. Mercer Global Advisors Inc. ADV lifted its position in shares of iShares MSCI India ETF by 3.4% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 7,469 shares of the company’s stock worth $404,000 after purchasing an additional 243 shares during the last quarter. Steadtrust LLC lifted its position in shares of iShares MSCI India ETF by 1.3% during the fourth quarter. Steadtrust LLC now owns 18,978 shares of the company’s stock worth $1,026,000 after purchasing an additional 250 shares during the last quarter. Finally, Seven Mile Advisory boosted its stake in shares of iShares MSCI India ETF by 6.3% during the third quarter. Seven Mile Advisory now owns 4,380 shares of the company’s stock valued at $228,000 after purchasing an additional 260 shares during the period.

iShares MSCI India ETF Trading Down 1.1%

BATS INDA opened at $48.22 on Thursday. The company’s 50-day moving average price is $48.65 and its 200-day moving average price is $49.89. The stock has a market cap of $8.37 billion, a PE ratio of 25.20 and a beta of 0.48. iShares MSCI India ETF has a 12 month low of $45.21 and a 12 month high of $55.50.

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.