Patten & Patten Inc. TN Boosts Stake in iShares MSCI India ETF (BATS:INDA)

Patten & Patten Inc. TN grew its position in shares of iShares MSCI India ETF (BATS:INDA) by 4.2% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 16,451 shares of the company’s stock after acquiring an additional 670 shares during the period. Patten & Patten Inc. TN’s holdings in iShares MSCI India ETF were worth $866,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. HM Payson & Co. bought a new stake in shares of iShares MSCI India ETF in the 4th quarter worth approximately $26,000. Kestra Investment Management LLC bought a new stake in shares of iShares MSCI India ETF in the 4th quarter worth approximately $26,000. Creative Capital Management Investments LLC bought a new stake in shares of iShares MSCI India ETF in the 4th quarter worth approximately $30,000. Activest Wealth Management bought a new stake in shares of iShares MSCI India ETF in the 3rd quarter worth approximately $40,000. Finally, GAMMA Investing LLC bought a new stake in shares of iShares MSCI India ETF in the 4th quarter worth approximately $39,000.

iShares MSCI India ETF Stock Down 4.0 %

Shares of INDA opened at $48.91 on Monday. The stock has a market cap of $8.33 billion, a P/E ratio of 22.55 and a beta of 0.75. iShares MSCI India ETF has a 52 week low of $47.60 and a 52 week high of $59.49. The business’s 50 day moving average price is $50.18 and its 200-day moving average price is $53.77.

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.