290,341 Shares in iShares MSCI India ETF (BATS:INDA) Bought by Royal Fund Management LLC

Royal Fund Management LLC acquired a new stake in iShares MSCI India ETF (BATS:INDA) in the third quarter, HoldingsChannel reports. The fund acquired 290,341 shares of the company’s stock, valued at approximately $16,994,000. iShares MSCI India ETF comprises 1.0% of Royal Fund Management LLC’s holdings, making the stock its 15th largest position.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Headlands Technologies LLC increased its holdings in shares of iShares MSCI India ETF by 728.1% in the second quarter. Headlands Technologies LLC now owns 44,062 shares of the company’s stock valued at $2,458,000 after purchasing an additional 38,741 shares during the last quarter. Kingswood Wealth Advisors LLC bought a new position in iShares MSCI India ETF in the 2nd quarter valued at about $219,000. Brookstone Capital Management lifted its position in iShares MSCI India ETF by 7.3% during the first quarter. Brookstone Capital Management now owns 22,749 shares of the company’s stock worth $1,174,000 after acquiring an additional 1,556 shares during the last quarter. Sun Life Financial Inc. boosted its holdings in shares of iShares MSCI India ETF by 17.2% during the fourth quarter. Sun Life Financial Inc. now owns 2,844,800 shares of the company’s stock worth $138,855,000 after acquiring an additional 418,000 shares during the period. Finally, Integrated Advisors Network LLC grew its position in shares of iShares MSCI India ETF by 10.0% in the fourth quarter. Integrated Advisors Network LLC now owns 6,059 shares of the company’s stock valued at $296,000 after purchasing an additional 550 shares during the last quarter.

iShares MSCI India ETF Stock Performance

Shares of BATS INDA traded up $1.01 during trading hours on Wednesday, reaching $57.08. 6,188,239 shares of the stock were exchanged. The firm has a market capitalization of $10.55 billion, a price-to-earnings ratio of 28.95 and a beta of 0.51. The stock’s fifty day simple moving average is $57.15 and its 200 day simple moving average is $54.96. iShares MSCI India ETF has a 52 week low of $30.57 and a 52 week high of $38.21.

iShares MSCI India ETF Company 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.