Fortis Group Advisors LLC Lowers Holdings in iShares MSCI India ETF (BATS:INDA)

Fortis Group Advisors LLC reduced its stake in shares of iShares MSCI India ETF (BATS:INDA) by 88.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,384 shares of the company’s stock after selling 120,069 shares during the period. Fortis Group Advisors LLC’s holdings in iShares MSCI India ETF were worth $862,000 as of its most recent SEC filing.

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

iShares MSCI India ETF Price Performance

Shares of INDA stock opened at $49.58 on Tuesday. The company’s fifty day moving average price is $52.11 and its two-hundred day moving average price is $54.74. The firm has a market capitalization of $9.16 billion, a P/E ratio of 28.95 and a beta of 0.51. iShares MSCI India ETF has a 12 month low of $30.57 and a 12 month high of $38.21.

About iShares MSCI India ETF

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.