Mechanics Bank Trust Department Buys 5,646 Shares of iShares MSCI India ETF (BATS:INDA)

Mechanics Bank Trust Department grew its stake in shares of iShares MSCI India ETF (BATS:INDA) by 11.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 56,102 shares of the company’s stock after purchasing an additional 5,646 shares during the quarter. Mechanics Bank Trust Department’s holdings in iShares MSCI India ETF were worth $2,953,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Arbor Trust Wealth Advisors LLC raised its stake in shares of iShares MSCI India ETF by 88.6% during the fourth quarter. Arbor Trust Wealth Advisors LLC now owns 78,078 shares of the company’s stock valued at $4,110,000 after acquiring an additional 36,670 shares during the last quarter. Kera Capital Partners Inc. bought a new position in iShares MSCI India ETF during the 4th quarter valued at approximately $8,586,000. Ameritas Advisory Services LLC lifted its stake in iShares MSCI India ETF by 6.6% in the fourth quarter. Ameritas Advisory Services LLC now owns 15,089 shares of the company’s stock worth $794,000 after acquiring an additional 930 shares during the period. Lake Street Private Wealth LLC increased its position in iShares MSCI India ETF by 60.6% during the 4th quarter. Lake Street Private Wealth LLC now owns 93,632 shares of the company’s stock valued at $4,929,000 after purchasing an additional 35,335 shares during the period. Finally, Merit Financial Group LLC raised its holdings in iShares MSCI India ETF by 153.3% in the 4th quarter. Merit Financial Group LLC now owns 10,434 shares of the company’s stock worth $549,000 after purchasing an additional 6,314 shares in the last quarter.

iShares MSCI India ETF Trading Up 0.4 %

BATS:INDA opened at $51.15 on Monday. iShares MSCI India ETF has a 12 month low of $30.57 and a 12 month high of $38.21. The company has a 50-day moving average price of $53.71 and a 200-day moving average price of $55.65. The stock has a market cap of $9.45 billion, a price-to-earnings ratio of 28.95 and a beta of 0.51.

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.