Larch Capital Partners LLC Buys New Holdings in iShares MSCI India ETF $INDA

Larch Capital Partners LLC purchased a new position in iShares MSCI India ETF (BATS:INDA) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 31,015 shares of the company’s stock, valued at approximately $1,676,000. iShares MSCI India ETF makes up about 0.2% of Larch Capital Partners LLC’s investment portfolio, making the stock its 23rd largest holding.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in INDA. Arrowpoint Investment Partners Singapore Pte. Ltd. bought a new stake in shares of iShares MSCI India ETF during the third quarter valued at approximately $26,000. Ravenswood Partners LP bought a new position in shares of iShares MSCI India ETF during the third quarter worth $27,000. CoreCap Advisors LLC grew its stake in iShares MSCI India ETF by 292.7% during the fourth quarter. CoreCap Advisors LLC now owns 538 shares of the company’s stock valued at $29,000 after acquiring an additional 401 shares in the last quarter. Assetmark Inc. grew its stake in iShares MSCI India ETF by 121.6% during the fourth quarter. Assetmark Inc. now owns 543 shares of the company’s stock valued at $29,000 after acquiring an additional 298 shares in the last quarter. Finally, Asset Dedication LLC bought a new stake in iShares MSCI India ETF in the 4th quarter valued at $36,000.

iShares MSCI India ETF Stock Up 1.1%

Shares of INDA stock opened at $49.58 on Friday. The company’s fifty day simple moving average is $48.80 and its two-hundred day simple moving average is $50.65. iShares MSCI India ETF has a 52 week low of $45.21 and a 52 week high of $56.01. The stock has a market cap of $8.61 billion, a P/E 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.