Comerica Bank Sells 65,208 Shares of iShares MSCI India ETF $INDA

Comerica Bank decreased its position in shares of iShares MSCI India ETF (BATS:INDA) by 8.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 703,629 shares of the company’s stock after selling 65,208 shares during the quarter. Comerica Bank owned about 0.41% of iShares MSCI India ETF worth $38,031,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. D.A. Davidson & CO. increased its holdings in shares of iShares MSCI India ETF by 1.4% during the fourth quarter. D.A. Davidson & CO. now owns 91,702 shares of the company’s stock valued at $4,956,000 after acquiring an additional 1,260 shares in the last quarter. Sanctuary Advisors LLC boosted its position in shares of iShares MSCI India ETF by 1.2% during the fourth quarter. Sanctuary Advisors LLC now owns 57,836 shares of the company’s stock valued at $3,126,000 after buying an additional 701 shares during the last quarter. OMNI 360 Wealth Inc. purchased a new position in shares of iShares MSCI India ETF during the fourth quarter valued at approximately $652,000. Concurrent Investment Advisors LLC boosted its position in shares of iShares MSCI India ETF by 8.6% during the fourth quarter. Concurrent Investment Advisors LLC now owns 6,635 shares of the company’s stock valued at $359,000 after buying an additional 526 shares during the last quarter. Finally, HB Wealth Management LLC purchased a new position in shares of iShares MSCI India ETF during the fourth quarter valued at approximately $813,000.

iShares MSCI India ETF Price Performance

Shares of BATS:INDA opened at $49.58 on Monday. The stock has a market cap of $8.61 billion, a price-to-earnings 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 $56.01. The business’s 50 day moving average is $49.45 and its 200 day moving average is $52.16.

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.