Niles Investment Management LLC Takes $4.10 Million Position in iShares MSCI India ETF $INDA

Niles Investment Management LLC bought a new stake in iShares MSCI India ETF (BATS:INDA) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 75,862 shares of the company’s stock, valued at approximately $4,100,000. iShares MSCI India ETF accounts for approximately 3.1% of Niles Investment Management LLC’s investment portfolio, making the stock its 10th largest holding.

A number of other institutional investors have also modified their holdings of INDA. Arrowpoint Investment Partners Singapore Pte. Ltd. acquired a new position in shares of iShares MSCI India ETF in the third quarter valued at approximately $26,000. Ravenswood Partners LP acquired a new position in shares of iShares MSCI India ETF in the third quarter valued at approximately $27,000. CoreCap Advisors LLC increased its holdings in shares of iShares MSCI India ETF by 292.7% in the fourth quarter. CoreCap Advisors LLC now owns 538 shares of the company’s stock valued at $29,000 after purchasing an additional 401 shares during the period. Assetmark Inc. grew its holdings in iShares MSCI India ETF by 121.6% during the fourth quarter. Assetmark Inc. now owns 543 shares of the company’s stock worth $29,000 after acquiring an additional 298 shares during the period. Finally, Asset Dedication LLC acquired a new position in iShares MSCI India ETF during the fourth quarter worth $36,000.

iShares MSCI India ETF Price Performance

Shares of INDA stock opened at $48.33 on Friday. The business’s fifty day moving average price is $48.61 and its 200 day moving average price is $50.83. iShares MSCI India ETF has a 1-year low of $45.21 and a 1-year high of $56.01. The firm has a market capitalization of $8.39 billion, a PE 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.