Cornerstone Wealth Management LLC Purchases 925 Shares of iShares MSCI India ETF (BATS:INDA)

Cornerstone Wealth Management LLC boosted its position in shares of iShares MSCI India ETF (BATS:INDA) by 5.6% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 17,556 shares of the company’s stock after acquiring an additional 925 shares during the period. Cornerstone Wealth Management LLC’s holdings in iShares MSCI India ETF were worth $924,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Granite Bay Wealth Management LLC boosted its stake in iShares MSCI India ETF by 7,516.9% during the second quarter. Granite Bay Wealth Management LLC now owns 9,434,018 shares of the company’s stock valued at $498,917,000 after buying an additional 9,310,161 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in iShares MSCI India ETF during the third quarter valued at approximately $175,931,000. BNP Paribas Financial Markets boosted its stake in iShares MSCI India ETF by 59.8% during the third quarter. BNP Paribas Financial Markets now owns 2,459,410 shares of the company’s stock valued at $143,949,000 after buying an additional 920,819 shares during the last quarter. MBB Public Markets I LLC boosted its stake in iShares MSCI India ETF by 1,337.1% during the second quarter. MBB Public Markets I LLC now owns 1,861,500 shares of the company’s stock valued at $103,834,000 after buying an additional 1,731,971 shares during the last quarter. Finally, LPL Financial LLC boosted its stake in iShares MSCI India ETF by 11.3% during the third quarter. LPL Financial LLC now owns 1,846,865 shares of the company’s stock valued at $108,097,000 after buying an additional 187,940 shares during the last quarter.

iShares MSCI India ETF Trading Down 0.4 %

Shares of iShares MSCI India ETF stock opened at $50.72 on Friday. The stock has a 50 day moving average of $53.44 and a 200 day moving average of $55.46. iShares MSCI India ETF has a 12 month low of $30.57 and a 12 month high of $38.21. The firm has a market cap of $9.37 billion, a PE ratio of 28.95 and a beta of 0.51.

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.