Pictet North America Advisors SA Has $3.15 Million Stock Position in iShares MSCI India ETF (BATS:INDA)

Pictet North America Advisors SA cut its stake in iShares MSCI India ETF (BATS:INDA) by 4.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 59,828 shares of the company’s stock after selling 3,109 shares during the period. Pictet North America Advisors SA’s holdings in iShares MSCI India ETF were worth $3,154,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of INDA. Highline Wealth Partners LLC bought a new position in shares of iShares MSCI India ETF during the third quarter valued at $29,000. GAMMA Investing LLC acquired a new stake in shares of iShares MSCI India ETF during the 4th quarter worth about $39,000. Activest Wealth Management bought a new position in iShares MSCI India ETF during the 3rd quarter valued at about $40,000. American Capital Advisory LLC acquired a new position in iShares MSCI India ETF in the third quarter valued at about $41,000. Finally, Finley Financial LLC bought a new stake in iShares MSCI India ETF during the fourth quarter worth about $41,000.

iShares MSCI India ETF Trading Down 1.0 %

BATS INDA opened at $50.41 on Friday. The firm has a market cap of $9.31 billion, a price-to-earnings ratio of 28.95 and a beta of 0.51. iShares MSCI India ETF has a 1-year low of $30.57 and a 1-year high of $38.21. The company has a 50 day moving average of $52.35 and a 200-day moving average of $54.88.

iShares MSCI India ETF Company 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.