Advance Capital Management Inc. Lowers Stock Holdings in iShares MSCI India ETF (BATS:INDA)

Advance Capital Management Inc. trimmed its stake in shares of iShares MSCI India ETF (BATS:INDA) by 12.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,315 shares of the company’s stock after selling 624 shares during the period. Advance Capital Management Inc.’s holdings in iShares MSCI India ETF were worth $227,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of INDA. National Bank of Canada FI lifted its position in shares of iShares MSCI India ETF by 0.3% in the second quarter. National Bank of Canada FI now owns 76,644 shares of the company’s stock valued at $4,292,000 after acquiring an additional 227 shares in the last quarter. Norden Group LLC grew its holdings in shares of iShares MSCI India ETF by 38.5% during the second quarter. Norden Group LLC now owns 5,538 shares of the company’s stock worth $309,000 after buying an additional 1,540 shares in the last quarter. Certuity LLC acquired a new stake in shares of iShares MSCI India ETF in the second quarter valued at about $253,000. Caprock Group LLC lifted its stake in shares of iShares MSCI India ETF by 4.8% in the second quarter. Caprock Group LLC now owns 17,931 shares of the company’s stock worth $1,000,000 after buying an additional 818 shares in the last quarter. Finally, Varma Mutual Pension Insurance Co boosted its position in iShares MSCI India ETF by 386.7% during the second quarter. Varma Mutual Pension Insurance Co now owns 3,675,921 shares of the company’s stock worth $205,043,000 after acquiring an additional 2,920,650 shares during the last quarter.

iShares MSCI India ETF Trading Down 0.1 %

INDA stock traded down $0.03 during mid-day trading on Monday, reaching $53.37. The company’s stock had a trading volume of 3,973,289 shares. The stock has a market cap of $9.86 billion, a PE ratio of 28.95 and a beta of 0.51. The company’s 50 day moving average is $54.33 and its two-hundred day moving average is $55.91. iShares MSCI India ETF has a fifty-two week low of $30.57 and a fifty-two week high of $38.21.

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.