Phraction Management LLC Takes Position in iShares MSCI India ETF $INDA

Phraction Management LLC bought a new stake in iShares MSCI India ETF (BATS:INDA) during the second quarter, according to its most recent disclosure with the SEC. The firm bought 3,606 shares of the company’s stock, valued at approximately $201,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Perigon Wealth Management LLC grew its holdings in shares of iShares MSCI India ETF by 627.0% during the second quarter. Perigon Wealth Management LLC now owns 30,526 shares of the company’s stock worth $1,700,000 after purchasing an additional 26,327 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in shares of iShares MSCI India ETF by 175.5% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 131,735 shares of the company’s stock valued at $6,782,000 after purchasing an additional 83,924 shares during the period. Partners Capital Investment Group LLP boosted its position in shares of iShares MSCI India ETF by 100.0% in the 1st quarter. Partners Capital Investment Group LLP now owns 83,788 shares of the company’s stock valued at $4,313,000 after purchasing an additional 41,894 shares during the period. GAMMA Investing LLC grew its stake in iShares MSCI India ETF by 5,048.0% during the 1st quarter. GAMMA Investing LLC now owns 38,044 shares of the company’s stock worth $1,959,000 after buying an additional 37,305 shares during the last quarter. Finally, Park Avenue Securities LLC acquired a new position in iShares MSCI India ETF during the second quarter worth approximately $412,000.

iShares MSCI India ETF Trading Up 2.7%

Shares of BATS INDA opened at $52.31 on Friday. The stock has a market cap of $9.08 billion, a P/E ratio of 25.20 and a beta of 0.48. iShares MSCI India ETF has a twelve month low of $47.60 and a twelve month high of $59.49. The stock has a 50 day moving average of $52.86 and a two-hundred day moving average of $53.23.

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.