V2 Financial group LLC Invests $2.21 Million in iShares MSCI India ETF (BATS:INDA)

V2 Financial group LLC purchased a new stake in shares of iShares MSCI India ETF (BATS:INDA) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 41,978 shares of the company’s stock, valued at approximately $2,210,000. iShares MSCI India ETF comprises 1.3% of V2 Financial group LLC’s holdings, making the stock its 15th biggest holding.

Several other institutional investors have also added to or reduced their stakes in the company. Merit Financial Group LLC lifted its stake in iShares MSCI India ETF by 153.3% in the fourth quarter. Merit Financial Group LLC now owns 10,434 shares of the company’s stock worth $549,000 after acquiring an additional 6,314 shares during the period. Wealth Enhancement Advisory Services LLC lifted its position in shares of iShares MSCI India ETF by 5.5% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 40,415 shares of the company’s stock worth $2,127,000 after purchasing an additional 2,114 shares during the period. Geode Capital Management LLC bought a new stake in shares of iShares MSCI India ETF during the 3rd quarter valued at about $6,059,000. Ameliora Wealth Management Ltd. raised its stake in iShares MSCI India ETF by 17.0% in the fourth quarter. Ameliora Wealth Management Ltd. now owns 100,425 shares of the company’s stock worth $5,292,000 after buying an additional 14,579 shares in the last quarter. Finally, Bensler LLC lifted its holdings in iShares MSCI India ETF by 2.3% in the third quarter. Bensler LLC now owns 375,548 shares of the company’s stock worth $21,981,000 after buying an additional 8,546 shares during the period.

iShares MSCI India ETF Stock Performance

iShares MSCI India ETF stock opened at $50.47 on Monday. iShares MSCI India ETF has a fifty-two week low of $30.57 and a fifty-two week high of $38.21. The stock’s 50 day simple moving average is $52.75 and its two-hundred day simple moving average is $55.03. The stock has a market cap of $9.32 billion, a price-to-earnings ratio of 28.95 and a beta of 0.51.

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.