Concurrent Investment Advisors LLC Sells 9,441 Shares of iShares MSCI India ETF (BATS:INDA)

Concurrent Investment Advisors LLC trimmed its position in iShares MSCI India ETF (BATS:INDA) by 29.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 22,488 shares of the company’s stock after selling 9,441 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in iShares MSCI India ETF were worth $1,254,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Founders Capital Management acquired a new stake in shares of iShares MSCI India ETF during the 2nd quarter worth approximately $28,000. Principal Securities Inc. bought a new position in iShares MSCI India ETF in the fourth quarter valued at approximately $29,000. Bogart Wealth LLC acquired a new stake in iShares MSCI India ETF during the 1st quarter worth $33,000. Spire Wealth Management grew its holdings in iShares MSCI India ETF by 168.8% during the 4th quarter. Spire Wealth Management now owns 637 shares of the company’s stock worth $32,000 after acquiring an additional 400 shares during the period. Finally, Park Place Capital Corp bought a new stake in shares of iShares MSCI India ETF during the 2nd quarter valued at $36,000.

iShares MSCI India ETF Stock Up 0.8 %

INDA stock opened at $57.72 on Monday. iShares MSCI India ETF has a twelve month low of $30.57 and a twelve month high of $38.21. The company has a market cap of $10.66 billion, a P/E ratio of 28.95 and a beta of 0.51. The business’s fifty day moving average is $56.37 and its 200-day moving average is $53.72.

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.