Exchange Traded Concepts LLC Purchases New Shares in iShares MSCI India ETF $INDA

Exchange Traded Concepts LLC acquired a new position in shares of iShares MSCI India ETF (BATS:INDA) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 164,736 shares of the company’s stock, valued at approximately $8,904,000. Exchange Traded Concepts LLC owned 0.09% of iShares MSCI India ETF as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Golden State Wealth Management LLC increased its stake in shares of iShares MSCI India ETF by 17.3% during the third quarter. Golden State Wealth Management LLC now owns 1,290 shares of the company’s stock worth $67,000 after purchasing an additional 190 shares in the last quarter. Murphy & Mullick Capital Management Corp raised its position in shares of iShares MSCI India ETF by 2.8% during the 3rd quarter. Murphy & Mullick Capital Management Corp now owns 7,220 shares of the company’s stock worth $388,000 after purchasing an additional 200 shares during the last quarter. Smart Portfolios LLC lifted its stake in iShares MSCI India ETF by 0.5% in the 3rd quarter. Smart Portfolios LLC now owns 45,041 shares of the company’s stock valued at $2,345,000 after buying an additional 213 shares in the last quarter. M Wealth Management LLC lifted its stake in iShares MSCI India ETF by 6.3% in the 3rd quarter. M Wealth Management LLC now owns 4,250 shares of the company’s stock valued at $221,000 after buying an additional 250 shares in the last quarter. Finally, Seven Mile Advisory boosted its holdings in iShares MSCI India ETF by 6.3% in the 3rd quarter. Seven Mile Advisory now owns 4,380 shares of the company’s stock worth $228,000 after buying an additional 260 shares during the last quarter.

iShares MSCI India ETF Stock Performance

BATS:INDA opened at $45.82 on Monday. iShares MSCI India ETF has a 12 month low of $45.71 and a 12 month high of $56.01. The stock has a 50 day moving average of $50.97 and a two-hundred day moving average of $52.76. The firm has a market cap of $7.96 billion, a P/E ratio of 25.20 and a beta of 0.48.

About iShares MSCI India ETF

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.