Prospect Financial Services LLC Sells 586 Shares of iShares MSCI India ETF (BATS:INDA)

Prospect Financial Services LLC cut its holdings in iShares MSCI India ETF (BATS:INDA) by 2.4% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 24,076 shares of the company’s stock after selling 586 shares during the period. Prospect Financial Services LLC’s holdings in iShares MSCI India ETF were worth $1,267,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of INDA. Union Bancaire Privee UBP SA acquired a new position in shares of iShares MSCI India ETF in the 4th quarter valued at approximately $3,526,000. Apexium Financial LP bought a new position in shares of iShares MSCI India ETF in the 4th quarter valued at $1,128,000. Blue Trust Inc. raised its holdings in shares of iShares MSCI India ETF by 16.9% during the 4th quarter. Blue Trust Inc. now owns 14,008 shares of the company’s stock worth $737,000 after buying an additional 2,022 shares in the last quarter. Consolidated Investment Group LLC raised its stake in iShares MSCI India ETF by 144.4% during the fourth quarter. Consolidated Investment Group LLC now owns 22,000 shares of the company’s stock worth $1,158,000 after acquiring an additional 13,000 shares in the last quarter. Finally, Cornerstone Wealth Management LLC boosted its stake in shares of iShares MSCI India ETF by 5.6% in the 4th quarter. Cornerstone Wealth Management LLC now owns 17,556 shares of the company’s stock valued at $924,000 after purchasing an additional 925 shares in the last quarter.

iShares MSCI India ETF Price Performance

INDA stock opened at $50.09 on Tuesday. iShares MSCI India ETF has a 1 year low of $30.57 and a 1 year high of $38.21. The stock has a market cap of $9.25 billion, a price-to-earnings ratio of 28.95 and a beta of 0.51. The company has a 50 day simple moving average of $53.37 and a 200 day simple moving average of $55.39.

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.