Arbor Trust Wealth Advisors LLC Has $4.11 Million Holdings in iShares MSCI India ETF (BATS:INDA)

Arbor Trust Wealth Advisors LLC raised its stake in iShares MSCI India ETF (BATS:INDA) by 88.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 78,078 shares of the company’s stock after acquiring an additional 36,670 shares during the period. iShares MSCI India ETF comprises about 1.9% of Arbor Trust Wealth Advisors LLC’s investment portfolio, making the stock its 20th largest position. Arbor Trust Wealth Advisors LLC’s holdings in iShares MSCI India ETF were worth $4,110,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in INDA. Kera Capital Partners Inc. bought a new position in iShares MSCI India ETF in the 4th quarter valued at $8,586,000. Ameritas Advisory Services LLC raised its holdings in shares of iShares MSCI India ETF by 6.6% in the fourth quarter. Ameritas Advisory Services LLC now owns 15,089 shares of the company’s stock valued at $794,000 after buying an additional 930 shares during the last quarter. Lake Street Private Wealth LLC grew its holdings in iShares MSCI India ETF by 60.6% during the 4th quarter. Lake Street Private Wealth LLC now owns 93,632 shares of the company’s stock worth $4,929,000 after acquiring an additional 35,335 shares during the last quarter. Merit Financial Group LLC increased its position in iShares MSCI India ETF by 153.3% in the 4th quarter. Merit Financial Group LLC now owns 10,434 shares of the company’s stock valued at $549,000 after acquiring an additional 6,314 shares in the last quarter. Finally, Grant GrossMendelsohn LLC bought a new position in shares of iShares MSCI India ETF in the fourth quarter worth about $258,000.

iShares MSCI India ETF Price Performance

Shares of BATS:INDA opened at $51.15 on Friday. The company has a 50 day moving average of $53.71 and a 200-day moving average of $55.65. iShares MSCI India ETF has a one year low of $30.57 and a one year high of $38.21. The stock has a market cap of $9.45 billion, a price-to-earnings ratio of 28.95 and a beta of 0.51.

iShares MSCI India ETF 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.