iShares MSCI India ETF $INDA Holdings Lowered by Royal Fund Management LLC

Royal Fund Management LLC cut its stake in iShares MSCI India ETF (BATS:INDA) by 19.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 114,181 shares of the company’s stock after selling 27,832 shares during the period. Royal Fund Management LLC’s holdings in iShares MSCI India ETF were worth $5,949,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. High Net Worth Advisory Group LLC bought a new position in iShares MSCI India ETF during the 3rd quarter valued at $216,000. Beacon Financial Advisory LLC lifted its holdings in shares of iShares MSCI India ETF by 2.6% in the third quarter. Beacon Financial Advisory LLC now owns 13,615 shares of the company’s stock valued at $709,000 after buying an additional 340 shares during the period. Lmcg Investments LLC boosted its stake in iShares MSCI India ETF by 5.5% during the third quarter. Lmcg Investments LLC now owns 75,168 shares of the company’s stock valued at $3,913,000 after buying an additional 3,932 shares in the last quarter. Evolution Wealth Advisors LLC boosted its stake in iShares MSCI India ETF by 0.9% during the third quarter. Evolution Wealth Advisors LLC now owns 32,878 shares of the company’s stock valued at $1,712,000 after buying an additional 290 shares in the last quarter. Finally, MBA Advisors LLC grew its holdings in iShares MSCI India ETF by 6.2% during the third quarter. MBA Advisors LLC now owns 8,366 shares of the company’s stock worth $436,000 after acquiring an additional 492 shares during the period.

iShares MSCI India ETF Trading Up 3.7%

Shares of BATS INDA opened at $52.83 on Monday. iShares MSCI India ETF has a twelve month low of $47.60 and a twelve month high of $59.49. The firm has a 50-day moving average of $53.91 and a two-hundred day moving average of $53.66. The company has a market capitalization of $9.17 billion, a price-to-earnings ratio of 25.20 and a beta of 0.48.

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.