Deltec Asset Management LLC Decreases Stake in iShares MSCI India ETF (BATS:INDA)

Deltec Asset Management LLC trimmed its position in shares of iShares MSCI India ETF (BATS:INDA) by 3.2% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 15,300 shares of the company’s stock after selling 500 shares during the period. Deltec Asset Management LLC’s holdings in iShares MSCI India ETF were worth $853,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. International Assets Investment Management LLC acquired a new stake in shares of iShares MSCI India ETF in the 4th quarter valued at $2,259,000. Stratos Wealth Partners LTD. purchased a new position in iShares MSCI India ETF in the fourth quarter valued at $229,000. Cerity Partners LLC purchased a new stake in iShares MSCI India ETF during the 4th quarter worth about $2,583,000. Perigon Wealth Management LLC boosted its position in shares of iShares MSCI India ETF by 11.5% during the 4th quarter. Perigon Wealth Management LLC now owns 10,863 shares of the company’s stock worth $530,000 after acquiring an additional 1,117 shares in the last quarter. Finally, Sumitomo Mitsui Trust Holdings Inc. increased its holdings in shares of iShares MSCI India ETF by 13.1% in the 4th quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 61,132 shares of the company’s stock valued at $2,984,000 after acquiring an additional 7,082 shares during the last quarter.

iShares MSCI India ETF Stock Down 0.3 %

iShares MSCI India ETF stock traded down $0.16 during mid-day trading on Wednesday, hitting $55.37. The company had a trading volume of 2,230,800 shares. The business has a fifty day moving average of $55.80 and a 200 day moving average of $53.13. iShares MSCI India ETF has a 1 year low of $30.57 and a 1 year high of $38.21. The stock has a market cap of $10.23 billion, a price-to-earnings ratio of 28.95 and a beta of 0.51.

About iShares MSCI India ETF

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.