Wharton Business Group LLC Takes Position in iShares MSCI India ETF (BATS:INDA)

Wharton Business Group LLC bought a new stake in shares of iShares MSCI India ETF (BATS:INDA) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 241,575 shares of the company’s stock, valued at approximately $14,139,000. Wharton Business Group LLC owned approximately 0.13% of iShares MSCI India ETF at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Russell Investments Group Ltd. raised its position in iShares MSCI India ETF by 4,886.2% in the 1st quarter. Russell Investments Group Ltd. now owns 11,169 shares of the company’s stock worth $576,000 after purchasing an additional 10,945 shares during the period. Avantax Advisory Services Inc. raised its position in iShares MSCI India ETF by 15.2% in the 1st quarter. Avantax Advisory Services Inc. now owns 6,161 shares of the company’s stock worth $318,000 after purchasing an additional 813 shares during the period. Ameritas Investment Partners Inc. purchased a new stake in iShares MSCI India ETF in the 1st quarter worth about $179,000. O Shaughnessy Asset Management LLC raised its position in iShares MSCI India ETF by 64.7% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 1,971 shares of the company’s stock worth $102,000 after purchasing an additional 774 shares during the period. Finally, Lake Street Advisors Group LLC purchased a new stake in iShares MSCI India ETF in the 1st quarter worth about $1,564,000.

iShares MSCI India ETF Price Performance

iShares MSCI India ETF stock opened at $53.02 on Monday. iShares MSCI India ETF has a 1-year low of $30.57 and a 1-year high of $38.21. The firm has a market capitalization of $9.80 billion, a P/E ratio of 28.95 and a beta of 0.51. The company’s 50-day moving average is $56.51 and its 200 day moving average is $55.68.

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.