SG Americas Securities LLC Purchases 424,478 Shares of iShares MSCI India ETF $INDA

SG Americas Securities LLC increased its position in iShares MSCI India ETF (BATS:INDA) by 436.8% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 521,654 shares of the company’s stock after buying an additional 424,478 shares during the period. SG Americas Securities LLC’s holdings in iShares MSCI India ETF were worth $24,434,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Arrowpoint Investment Partners Singapore Pte. Ltd. purchased a new position in iShares MSCI India ETF during the 3rd quarter valued at approximately $26,000. Ravenswood Partners LP purchased a new position in shares of iShares MSCI India ETF in the third quarter valued at $27,000. CoreCap Advisors LLC grew its holdings in shares of iShares MSCI India ETF by 292.7% in the fourth quarter. CoreCap Advisors LLC now owns 538 shares of the company’s stock valued at $29,000 after purchasing an additional 401 shares in the last quarter. Assetmark Inc. increased its position in iShares MSCI India ETF by 121.6% in the fourth quarter. Assetmark Inc. now owns 543 shares of the company’s stock worth $29,000 after purchasing an additional 298 shares during the last quarter. Finally, Asset Dedication LLC bought a new stake in iShares MSCI India ETF in the fourth quarter worth $36,000.

iShares MSCI India ETF Stock Up 1.1%

iShares MSCI India ETF stock opened at $49.63 on Thursday. iShares MSCI India ETF has a 52-week low of $45.21 and a 52-week high of $56.01. The firm’s fifty day moving average is $48.82 and its 200 day moving average is $50.53. The company has a market cap of $8.62 billion, a price-to-earnings 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.