iShares MSCI India ETF $INDA Stake Cut by Portside Wealth Group LLC

Portside Wealth Group LLC lessened its holdings in iShares MSCI India ETF (BATS:INDA) by 25.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,062 shares of the company’s stock after selling 6,271 shares during the quarter. Portside Wealth Group LLC’s holdings in iShares MSCI India ETF were worth $1,006,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. MYDA Advisors LLC bought a new position in shares of iShares MSCI India ETF in the 1st quarter worth about $1,030,000. Mutual of America Capital Management LLC grew its position in shares of iShares MSCI India ETF by 39.1% during the 1st quarter. Mutual of America Capital Management LLC now owns 441,366 shares of the company’s stock valued at $22,722,000 after buying an additional 123,984 shares during the last quarter. Kestra Private Wealth Services LLC raised its stake in iShares MSCI India ETF by 5.8% during the first quarter. Kestra Private Wealth Services LLC now owns 32,870 shares of the company’s stock worth $1,692,000 after acquiring an additional 1,811 shares during the period. Crestwood Advisors Group LLC bought a new position in iShares MSCI India ETF in the first quarter worth about $899,000. Finally, Gries Financial LLC bought a new position in iShares MSCI India ETF in the first quarter worth about $233,000.

iShares MSCI India ETF Stock Up 7.3%

Shares of INDA stock opened at $54.63 on Wednesday. The company has a market cap of $9.49 billion, a P/E ratio of 25.20 and a beta of 0.48. The business has a 50 day moving average of $53.66 and a two-hundred day moving average of $53.84. iShares MSCI India ETF has a 52 week low of $47.60 and a 52 week high of $59.49.

iShares MSCI India ETF Company 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.