iShares MSCI India ETF (BATS:INDA) Shares Sold by WESPAC Advisors LLC

WESPAC Advisors LLC reduced its position in iShares MSCI India ETF (BATS:INDA) by 22.0% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 23,113 shares of the company’s stock after selling 6,515 shares during the quarter. iShares MSCI India ETF comprises about 1.0% of WESPAC Advisors LLC’s holdings, making the stock its 26th largest position. WESPAC Advisors LLC’s holdings in iShares MSCI India ETF were worth $1,289,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. Founders Capital Management acquired a new stake in iShares MSCI India ETF in the 2nd quarter worth about $28,000. Principal Securities Inc. purchased a new stake in iShares MSCI India ETF during the 4th quarter worth approximately $29,000. Tower Research Capital LLC TRC raised its stake in shares of iShares MSCI India ETF by 360.0% in the 4th 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. Bogart Wealth LLC acquired a new position in iShares MSCI India ETF in the first quarter worth about $33,000. Finally, Spire Wealth Management lifted its stake in iShares MSCI India ETF by 168.8% during the fourth quarter. Spire Wealth Management now owns 637 shares of the company’s stock worth $32,000 after purchasing an additional 400 shares during the last quarter.

iShares MSCI India ETF Price Performance

Shares of BATS:INDA traded up $0.45 during trading on Friday, reaching $57.72. 5,411,367 shares of the company’s stock traded hands. The company has a 50 day moving average of $56.37 and a 200-day moving average of $53.68. iShares MSCI India ETF has a 12 month low of $30.57 and a 12 month high of $38.21. The stock has a market capitalization of $10.66 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.