Phoenix Financial Ltd. Has $2.64 Million Stake in iShares MSCI India ETF (BATS:INDA)

Phoenix Financial Ltd. trimmed its holdings in iShares MSCI India ETF (BATS:INDA) by 19.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 51,184 shares of the company’s stock after selling 12,010 shares during the period. Phoenix Financial Ltd.’s holdings in iShares MSCI India ETF were worth $2,635,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in INDA. Salem Investment Counselors Inc. lifted its holdings in iShares MSCI India ETF by 166.7% during the 1st quarter. Salem Investment Counselors Inc. now owns 480 shares of the company’s stock worth $25,000 after purchasing an additional 300 shares during the last quarter. 10Elms LLP bought a new position in iShares MSCI India ETF during the 4th quarter worth $32,000. Redwood Park Advisors LLC bought a new position in iShares MSCI India ETF during the 1st quarter worth $38,000. MCF Advisors LLC increased its stake in iShares MSCI India ETF by 460.7% during the 1st quarter. MCF Advisors LLC now owns 914 shares of the company’s stock worth $47,000 after acquiring an additional 751 shares during the period. Finally, Westside Investment Management Inc. increased its stake in iShares MSCI India ETF by 198.8% during the 1st quarter. Westside Investment Management Inc. now owns 1,195 shares of the company’s stock worth $61,000 after acquiring an additional 795 shares during the period.

iShares MSCI India ETF Price Performance

iShares MSCI India ETF stock opened at $53.82 on Friday. The stock’s fifty day moving average price is $54.74 and its two-hundred day moving average price is $52.32. iShares MSCI India ETF has a one year low of $47.60 and a one year high of $59.49. The firm has a market cap of $9.34 billion, a PE ratio of 25.20 and a beta of 0.48.

iShares MSCI India ETF 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.