iShares MSCI India ETF $INDA Shares Sold by Mechanics Bank Trust Department

Mechanics Bank Trust Department lowered its stake in shares of iShares MSCI India ETF (BATS:INDA) by 72.2% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 20,228 shares of the company’s stock after selling 52,460 shares during the quarter. Mechanics Bank Trust Department’s holdings in iShares MSCI India ETF were worth $999,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Ravenswood Partners LP purchased a new position in iShares MSCI India ETF during the 3rd quarter worth approximately $27,000. Global Trust Asset Management LLC lifted its stake in iShares MSCI India ETF by 835.9% in the first quarter. Global Trust Asset Management LLC now owns 599 shares of the company’s stock valued at $28,000 after buying an additional 535 shares during the last quarter. Assetmark Inc. boosted its holdings in shares of iShares MSCI India ETF by 121.6% in the fourth quarter. Assetmark Inc. now owns 543 shares of the company’s stock valued at $29,000 after acquiring an additional 298 shares during the period. GHP Investment Advisors Inc. boosted its holdings in shares of iShares MSCI India ETF by 123.7% in the first quarter. GHP Investment Advisors Inc. now owns 671 shares of the company’s stock valued at $31,000 after acquiring an additional 371 shares during the period. Finally, Western Wealth Management LLC purchased a new position in shares of iShares MSCI India ETF during the first quarter worth approximately $31,000.

iShares MSCI India ETF Trading Down 0.4%

Shares of INDA opened at $50.12 on Friday. The company’s 50 day simple moving average is $48.92 and its 200-day simple moving average is $49.57. The firm has a market cap of $8.70 billion, a PE ratio of 25.20 and a beta of 0.48. iShares MSCI India ETF has a 12-month low of $45.21 and a 12-month high of $55.50.

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.