iShares MSCI India ETF $INDA Shares Newly Bought by Avidian Wealth Enterprises LLC

Avidian Wealth Enterprises LLC bought a new stake in iShares MSCI India ETF (BATS:INDA) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 127,510 shares of the company’s stock, valued at approximately $5,952,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in INDA. The Manufacturers Life Insurance Company acquired a new stake in shares of iShares MSCI India ETF during the 2nd quarter worth approximately $190,170,000. USS Investment Management Ltd acquired a new position in iShares MSCI India ETF in the fourth quarter valued at about $70,848,000. Wellington Management Group LLP increased its stake in iShares MSCI India ETF by 42.4% during the 2nd quarter. Wellington Management Group LLP now owns 2,994,278 shares of the company’s stock worth $147,887,000 after purchasing an additional 891,464 shares in the last quarter. Royal Bank of Canada raised its holdings in iShares MSCI India ETF by 68.0% during the 1st quarter. Royal Bank of Canada now owns 1,809,603 shares of the company’s stock worth $84,763,000 after buying an additional 732,641 shares during the period. Finally, State Street Corp lifted its stake in iShares MSCI India ETF by 88.8% in the second quarter. State Street Corp now owns 1,550,158 shares of the company’s stock valued at $76,562,000 after buying an additional 728,900 shares in the last quarter.

iShares MSCI India ETF Price Performance

Shares of INDA traded down $0.59 during midday trading on Thursday, hitting $45.52. The stock had a trading volume of 3,913,696 shares, compared to its average volume of 7,036,622. The firm has a market cap of $7.90 billion, a price-to-earnings ratio of 25.20 and a beta of 0.48. The company has a 50 day simple moving average of $48.86 and a two-hundred day simple moving average of $48.69. iShares MSCI India ETF has a twelve month low of $45.21 and a twelve 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.