Advisory Alpha LLC Lowers Stock Position in iShares MSCI India ETF (BATS:INDA)

Advisory Alpha LLC trimmed its holdings in shares of iShares MSCI India ETF (BATS:INDA) by 3.7% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,628 shares of the company’s stock after selling 218 shares during the period. Advisory Alpha LLC’s holdings in iShares MSCI India ETF were worth $314,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the business. Truist Financial Corp increased its holdings in shares of iShares MSCI India ETF by 23.5% in the 2nd quarter. Truist Financial Corp now owns 418,773 shares of the company’s stock valued at $23,359,000 after purchasing an additional 79,805 shares in the last quarter. EP Wealth Advisors LLC acquired a new position in iShares MSCI India ETF during the second quarter worth about $111,000. B. Riley Wealth Advisors Inc. purchased a new position in iShares MSCI India ETF in the second quarter valued at about $1,577,000. Gateway Wealth Partners LLC lifted its position in shares of iShares MSCI India ETF by 26.8% during the 2nd quarter. Gateway Wealth Partners LLC now owns 6,168 shares of the company’s stock valued at $344,000 after acquiring an additional 1,305 shares during the period. Finally, Regal Investment Advisors LLC boosted its stake in shares of iShares MSCI India ETF by 10.0% during the 2nd quarter. Regal Investment Advisors LLC now owns 5,358 shares of the company’s stock worth $299,000 after acquiring an additional 487 shares in the last quarter.

iShares MSCI India ETF Price Performance

INDA opened at $58.01 on Thursday. iShares MSCI India ETF has a 1-year low of $30.57 and a 1-year high of $38.21. The stock has a market cap of $10.72 billion, a P/E ratio of 28.95 and a beta of 0.51. The stock’s 50 day simple moving average is $57.07 and its 200 day simple moving average is $54.73.

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.