Miracle Mile Advisors LLC Lowers Stock Position in iShares MSCI India ETF (BATS:INDA)

Miracle Mile Advisors LLC lessened its holdings in iShares MSCI India ETF (BATS:INDA) by 27.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 63,946 shares of the company’s stock after selling 24,476 shares during the quarter. Miracle Mile Advisors LLC’s holdings in iShares MSCI India ETF were worth $3,299,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in the business. Morgan Stanley boosted its holdings in iShares MSCI India ETF by 23.2% in the 3rd quarter. Morgan Stanley now owns 7,615,787 shares of the company’s stock valued at $336,770,000 after purchasing an additional 1,433,768 shares in the last quarter. OLD Mission Capital LLC purchased a new stake in shares of iShares MSCI India ETF during the 4th quarter worth approximately $187,403,000. Sun Life Financial Inc. raised its position in shares of iShares MSCI India ETF by 17.2% during the 4th quarter. Sun Life Financial Inc. now owns 2,844,800 shares of the company’s stock worth $138,855,000 after purchasing an additional 418,000 shares during the last quarter. Deutsche Bank AG raised its holdings in iShares MSCI India ETF by 0.5% in the 3rd quarter. Deutsche Bank AG now owns 2,288,215 shares of the company’s stock valued at $101,185,000 after acquiring an additional 12,500 shares during the last quarter. Finally, Goldman Sachs Group Inc. raised its holdings in iShares MSCI India ETF by 3.7% in the 4th quarter. Goldman Sachs Group Inc. now owns 2,239,147 shares of the company’s stock valued at $109,293,000 after acquiring an additional 80,404 shares during the last quarter.

iShares MSCI India ETF Price Performance

BATS:INDA opened at $56.17 on Tuesday. The business’s 50-day moving average is $53.52 and its two-hundred day moving average is $51.50. iShares MSCI India ETF has a 12 month low of $30.57 and a 12 month high of $38.21. The firm has a market capitalization of $10.38 billion, a PE ratio of 28.95 and a beta of 0.51.

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.