Sunbelt Securities Inc. Sells 6,229 Shares of iShares MSCI India ETF (BATS:INDA)

Sunbelt Securities Inc. decreased its position in shares of iShares MSCI India ETF (BATS:INDA) by 50.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,056 shares of the company’s stock after selling 6,229 shares during the quarter. Sunbelt Securities Inc.’s holdings in iShares MSCI India ETF were worth $319,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of INDA. Ameliora Wealth Management Ltd. grew its holdings in iShares MSCI India ETF by 17.0% during 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. Bank of Montreal Can grew its holdings in iShares MSCI India ETF by 4.4% during the fourth quarter. Bank of Montreal Can now owns 84,449 shares of the company’s stock worth $4,445,000 after buying an additional 3,542 shares in the last quarter. Clientfirst Wealth Management LLC bought a new stake in iShares MSCI India ETF during the fourth quarter worth $928,000. Envestnet Asset Management Inc. grew its holdings in iShares MSCI India ETF by 5.5% during the fourth quarter. Envestnet Asset Management Inc. now owns 121,041 shares of the company’s stock worth $6,372,000 after buying an additional 6,346 shares in the last quarter. Finally, FWL Investment Management LLC grew its holdings in iShares MSCI India ETF by 0.9% during the fourth quarter. FWL Investment Management LLC now owns 138,634 shares of the company’s stock worth $7,298,000 after buying an additional 1,258 shares in the last quarter.

iShares MSCI India ETF Trading Up 7.2%

Shares of iShares MSCI India ETF stock opened at $54.58 on Monday. The stock has a fifty day simple moving average of $52.33 and a 200 day simple moving average of $52.11. iShares MSCI India ETF has a 12-month low of $47.60 and a 12-month high of $59.49. The company has a market capitalization of $9.25 billion, a P/E ratio of 22.81 and a beta of 0.49.

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.