Sound Income Strategies LLC Sells 4,652 Shares of iShares MSCI India ETF (BATS:INDA)

Sound Income Strategies LLC lessened its stake in shares of iShares MSCI India ETF (BATS:INDA) by 89.8% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 528 shares of the company’s stock after selling 4,652 shares during the quarter. Sound Income Strategies LLC’s holdings in iShares MSCI India ETF were worth $31,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in INDA. Angeles Wealth Management LLC bought a new stake in iShares MSCI India ETF during the second quarter worth approximately $25,000. Founders Capital Management acquired a new position in iShares MSCI India ETF in the 2nd quarter valued at $28,000. Abound Wealth Management bought a new position in iShares MSCI India ETF in the 2nd quarter worth $28,000. Park Place Capital Corp bought a new position in iShares MSCI India ETF in the 2nd quarter worth $36,000. Finally, Fortitude Family Office LLC acquired a new position in iShares MSCI India ETF during the 2nd quarter worth $37,000.

iShares MSCI India ETF Stock Performance

Shares of BATS:INDA opened at $57.32 on Tuesday. The stock’s 50-day moving average is $57.22 and its 200-day moving average is $55.14. The company has a market cap of $10.59 billion, a P/E ratio of 28.95 and a beta of 0.51. iShares MSCI India ETF has a 52-week low of $30.57 and a 52-week high of $38.21.

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.