Kercheville Advisors LLC Grows Holdings in iShares MSCI India ETF (BATS:INDA)

Kercheville Advisors LLC grew its stake in shares of iShares MSCI India ETF (BATS:INDA) by 9.1% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 12,000 shares of the company’s stock after purchasing an additional 1,000 shares during the quarter. Kercheville Advisors LLC’s holdings in iShares MSCI India ETF were worth $702,000 at the end of the most recent quarter.

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

iShares MSCI India ETF Trading Down 1.3 %

INDA opened at $54.71 on Monday. The business’s fifty day simple moving average is $57.30 and its 200-day simple moving average is $55.40. The company has a market capitalization of $10.11 billion, a price-to-earnings ratio of 28.95 and a beta of 0.51. iShares MSCI India ETF has a 12-month low of $30.57 and a 12-month 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.