Park Avenue Securities LLC Takes Position in iShares MSCI India ETF $INDA

Park Avenue Securities LLC acquired a new stake in shares of iShares MSCI India ETF (BATS:INDA) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 7,391 shares of the company’s stock, valued at approximately $412,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Matrix Trust Co bought a new position in iShares MSCI India ETF during the second quarter valued at approximately $330,000. Farther Finance Advisors LLC lifted its position in iShares MSCI India ETF by 66.1% during the second quarter. Farther Finance Advisors LLC now owns 1,887 shares of the company’s stock valued at $105,000 after purchasing an additional 751 shares during the period. Anderson Hoagland & Co. lifted its position in iShares MSCI India ETF by 217.0% during the second quarter. Anderson Hoagland & Co. now owns 104,467 shares of the company’s stock valued at $5,817,000 after purchasing an additional 71,513 shares during the period. CWC Advisors LLC. lifted its position in iShares MSCI India ETF by 8.3% during the second quarter. CWC Advisors LLC. now owns 16,414 shares of the company’s stock valued at $914,000 after purchasing an additional 1,254 shares during the period. Finally, Worth Asset Management LLC bought a new position in iShares MSCI India ETF during the second quarter valued at approximately $355,000.

iShares MSCI India ETF Trading Up 2.4%

INDA opened at $52.15 on Tuesday. The company has a market capitalization of $9.05 billion, a PE ratio of 25.20 and a beta of 0.48. iShares MSCI India ETF has a 1-year low of $47.60 and a 1-year high of $59.49. The firm’s 50 day simple moving average is $53.00 and its two-hundred day simple moving average is $53.18.

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.