Waycross Investment Management Co cut its holdings in iShares MSCI India ETF (BATS:INDA – Free Report) by 2.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 52,748 shares of the company’s stock after selling 1,203 shares during the quarter. iShares MSCI India ETF accounts for approximately 2.9% of Waycross Investment Management Co’s holdings, making the stock its 10th largest position. Waycross Investment Management Co’s holdings in iShares MSCI India ETF were worth $2,777,000 at the end of the most recent quarter.
Several other institutional investors have also added to or reduced their stakes in the business. Abound Wealth Management bought a new stake in iShares MSCI India ETF in the 2nd quarter worth approximately $28,000. Highline Wealth Partners LLC purchased a new position in shares of iShares MSCI India ETF in the 3rd quarter worth $29,000. Activest Wealth Management purchased a new position in shares of iShares MSCI India ETF in the 3rd quarter worth $40,000. American Capital Advisory LLC bought a new stake in shares of iShares MSCI India ETF in the third quarter worth $41,000. Finally, GAMMA Investing LLC purchased a new stake in iShares MSCI India ETF during the fourth quarter valued at $39,000.
iShares MSCI India ETF Stock Performance
Shares of BATS:INDA opened at $50.65 on Tuesday. The stock’s 50-day simple moving average is $54.02 and its two-hundred day simple moving average is $55.79. The stock has a market capitalization of $9.36 billion, a price-to-earnings ratio of 28.95 and a beta of 0.51. iShares MSCI India ETF has a 52-week low of $30.57 and a 52-week high of $38.21.
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.
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