Stevens Capital Management LP Decreases Stock Holdings in iShares MSCI India ETF (BATS:INDA)

Stevens Capital Management LP lessened its holdings in iShares MSCI India ETF (BATS:INDA) by 71.8% during the fourth quarter, HoldingsChannel.com reports. The fund owned 5,400 shares of the company’s stock after selling 13,727 shares during the quarter. Stevens Capital Management LP’s holdings in iShares MSCI India ETF were worth $284,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. HM Payson & Co. purchased a new position in iShares MSCI India ETF in the 4th quarter worth approximately $26,000. Kestra Investment Management LLC acquired a new position in shares of iShares MSCI India ETF during the fourth quarter worth $26,000. Creative Capital Management Investments LLC purchased a new position in shares of iShares MSCI India ETF in the fourth quarter valued at $30,000. GAMMA Investing LLC acquired a new stake in iShares MSCI India ETF during the 4th quarter valued at $39,000. Finally, Gordian Capital Singapore Pte Ltd acquired a new position in iShares MSCI India ETF in the 3rd quarter worth $47,000.

iShares MSCI India ETF Price Performance

Shares of iShares MSCI India ETF stock opened at $52.12 on Tuesday. iShares MSCI India ETF has a 1-year low of $47.60 and a 1-year high of $59.49. The company has a market capitalization of $8.88 billion, a PE ratio of 22.55 and a beta of 0.75. The business has a 50-day moving average of $49.98 and a 200-day moving average of $53.48.

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.