AlphaCore Capital LLC Reduces Stock Position in iShares MSCI India ETF (BATS:INDA)

AlphaCore Capital LLC lessened its stake in shares of iShares MSCI India ETF (BATS:INDA) by 67.2% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 8,797 shares of the company’s stock after selling 17,988 shares during the quarter. AlphaCore Capital LLC’s holdings in iShares MSCI India ETF were worth $453,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. Y.D. More Investments Ltd purchased a new stake in shares of iShares MSCI India ETF during the 1st quarter valued at about $198,000. Altfest L J & Co. Inc. purchased a new stake in shares of iShares MSCI India ETF during the 1st quarter valued at about $4,905,000. City of London Investment Management Co. Ltd. purchased a new position in shares of iShares MSCI India ETF in the first quarter worth approximately $1,577,000. Endowment Wealth Management Inc. boosted its holdings in shares of iShares MSCI India ETF by 0.8% in the first quarter. Endowment Wealth Management Inc. now owns 29,221 shares of the company’s stock worth $1,504,000 after buying an additional 237 shares during the last quarter. Finally, Blue Sky Capital Consultants Group Inc. boosted its holdings in shares of iShares MSCI India ETF by 9.4% in the first quarter. Blue Sky Capital Consultants Group Inc. now owns 55,346 shares of the company’s stock worth $2,849,000 after buying an additional 4,751 shares during the last quarter.

iShares MSCI India ETF Trading Up 2.3%

INDA opened at $52.09 on Friday. The company has a market cap of $9.04 billion, a price-to-earnings ratio of 25.20 and a beta of 0.48. The company’s 50 day moving average is $54.40 and its 200 day moving average is $52.38. iShares MSCI India ETF has a 12-month low of $47.60 and a 12-month high of $59.49.

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.