Solstein Capital LLC Lowers Stake in iShares MSCI India ETF (BATS:INDA)

Solstein Capital LLC reduced its stake in shares of iShares MSCI India ETF (BATS:INDA) by 13.3% in the first quarter, Holdings Channel reports. The firm owned 20,007 shares of the company’s stock after selling 3,057 shares during the period. Solstein Capital LLC’s holdings in iShares MSCI India ETF were worth $1,030,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the business. Legal & General Group Plc bought a new position in iShares MSCI India ETF in the fourth quarter worth about $267,441,000. Geode Capital Management LLC increased its holdings in iShares MSCI India ETF by 3,324.0% in the 4th quarter. Geode Capital Management LLC now owns 3,544,572 shares of the company’s stock worth $186,586,000 after buying an additional 3,441,050 shares during the period. FMR LLC increased its holdings in iShares MSCI India ETF by 887.5% in the 4th quarter. FMR LLC now owns 3,285,421 shares of the company’s stock worth $172,945,000 after buying an additional 2,952,718 shares during the period. JPMorgan Chase & Co. increased its holdings in iShares MSCI India ETF by 79.0% in the 4th quarter. JPMorgan Chase & Co. now owns 6,639,889 shares of the company’s stock worth $349,524,000 after buying an additional 2,929,690 shares during the period. Finally, OLD Mission Capital LLC acquired a new position in iShares MSCI India ETF in the 4th quarter worth approximately $110,165,000.

iShares MSCI India ETF Trading Up 6.1%

iShares MSCI India ETF stock opened at $54.06 on Monday. iShares MSCI India ETF has a 12 month low of $47.60 and a 12 month high of $59.49. The stock’s 50 day simple moving average is $53.42 and its two-hundred day simple moving average is $52.17. The firm has a market cap of $9.20 billion, a PE ratio of 22.81 and a beta of 0.48.

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.