Raymond James Trust N.A. Raises Holdings in iShares MSCI India ETF (BATS:INDA)

Raymond James Trust N.A. lifted its position in shares of iShares MSCI India ETF (BATS:INDA) by 312.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 52,189 shares of the company’s stock after buying an additional 39,545 shares during the quarter. Raymond James Trust N.A.’s holdings in iShares MSCI India ETF were worth $2,911,000 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. Founders Capital Management purchased a new stake in iShares MSCI India ETF during the second quarter worth $28,000. Principal Securities Inc. purchased a new stake in shares of iShares MSCI India ETF during the 4th quarter worth $29,000. Tower Research Capital LLC TRC boosted its position in iShares MSCI India ETF by 360.0% during the fourth quarter. Tower Research Capital LLC TRC now owns 621 shares of the company’s stock valued at $30,000 after purchasing an additional 486 shares in the last quarter. Spire Wealth Management grew its stake in iShares MSCI India ETF by 168.8% in the fourth quarter. Spire Wealth Management now owns 637 shares of the company’s stock valued at $32,000 after purchasing an additional 400 shares during the last quarter. Finally, Bogart Wealth LLC bought a new position in iShares MSCI India ETF in the first quarter worth about $33,000.

iShares MSCI India ETF Price Performance

INDA traded up $0.30 during trading on Monday, reaching $57.08. 3,138,313 shares of the company’s stock were exchanged. iShares MSCI India ETF has a 1 year low of $30.57 and a 1 year high of $38.21. The company’s fifty day simple moving average is $56.16 and its 200-day simple moving average is $53.48. The stock has a market capitalization of $10.55 billion, a P/E 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.