Park Edge Advisors LLC Cuts Stake in iShares MSCI India ETF (BATS:INDA)

Park Edge Advisors LLC cut its holdings in iShares MSCI India ETF (BATS:INDA) by 82.5% during the fourth quarter, Holdings Channel reports. The firm owned 8,145 shares of the company’s stock after selling 38,442 shares during the quarter. Park Edge Advisors LLC’s holdings in iShares MSCI India ETF were worth $429,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Highline Wealth Partners LLC bought a new stake in shares of iShares MSCI India ETF during the third quarter valued at approximately $29,000. GAMMA Investing LLC bought a new stake in iShares MSCI India ETF in the 4th quarter valued at $39,000. Activest Wealth Management bought a new stake in iShares MSCI India ETF in the 3rd quarter valued at $40,000. American Capital Advisory LLC purchased a new stake in iShares MSCI India ETF in the 3rd quarter worth $41,000. Finally, Finley Financial LLC bought a new position in shares of iShares MSCI India ETF during the 4th quarter valued at about $41,000.

iShares MSCI India ETF Stock Down 0.4 %

Shares of iShares MSCI India ETF stock opened at $50.72 on Friday. iShares MSCI India ETF has a twelve month low of $30.57 and a twelve month high of $38.21. The business has a 50-day moving average price of $53.44 and a 200-day moving average price of $55.45. The firm has a market cap of $9.37 billion, a price-to-earnings ratio of 28.95 and a beta of 0.51.

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.