Vontobel Holding Ltd. Boosts Holdings in iShares MSCI India ETF (BATS:INDA)

Vontobel Holding Ltd. increased its position in iShares MSCI India ETF (BATS:INDA) by 41.3% during the 4th quarter, Holdings Channel reports. The institutional investor owned 183,946 shares of the company’s stock after purchasing an additional 53,749 shares during the period. Vontobel Holding Ltd.’s holdings in iShares MSCI India ETF were worth $9,698,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Merit Financial Group LLC increased its stake in shares of iShares MSCI India ETF by 153.3% in the fourth quarter. Merit Financial Group LLC now owns 10,434 shares of the company’s stock worth $549,000 after buying an additional 6,314 shares during the period. Wealth Enhancement Advisory Services LLC increased its stake in shares of iShares MSCI India ETF by 5.5% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 40,415 shares of the company’s stock worth $2,127,000 after buying an additional 2,114 shares during the period. Geode Capital Management LLC purchased a new position in shares of iShares MSCI India ETF in the third quarter worth $6,059,000. Ameliora Wealth Management Ltd. increased its stake in shares of iShares MSCI India ETF by 17.0% in the fourth quarter. Ameliora Wealth Management Ltd. now owns 100,425 shares of the company’s stock worth $5,292,000 after buying an additional 14,579 shares during the period. Finally, Bensler LLC increased its stake in shares of iShares MSCI India ETF by 2.3% in the third quarter. Bensler LLC now owns 375,548 shares of the company’s stock worth $21,981,000 after buying an additional 8,546 shares during the period.

iShares MSCI India ETF Stock Down 2.7 %

Shares of BATS INDA opened at $49.58 on Friday. iShares MSCI India ETF has a 52 week low of $30.57 and a 52 week high of $38.21. The firm’s fifty day moving average is $52.23 and its 200 day moving average is $54.81. The company has a market cap of $9.16 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.