Activest Wealth Management Increases Position in iShares MSCI India ETF (BATS:INDA)

Activest Wealth Management lifted its holdings in iShares MSCI India ETF (BATS:INDA) by 169.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,819 shares of the company’s stock after buying an additional 1,144 shares during the quarter. Activest Wealth Management’s holdings in iShares MSCI India ETF were worth $96,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of INDA. V2 Financial group LLC bought a new position in iShares MSCI India ETF during the 4th quarter worth about $2,210,000. WestEnd Advisors LLC bought a new position in shares of iShares MSCI India ETF during the fourth quarter valued at approximately $77,000. Kingsview Wealth Management LLC purchased a new position in iShares MSCI India ETF during the fourth quarter valued at approximately $3,299,000. Apollon Wealth Management LLC raised its stake in iShares MSCI India ETF by 8.2% in the fourth quarter. Apollon Wealth Management LLC now owns 11,279 shares of the company’s stock worth $594,000 after buying an additional 856 shares in the last quarter. Finally, Clientfirst Wealth Management LLC bought a new position in iShares MSCI India ETF in the fourth quarter worth approximately $928,000.

iShares MSCI India ETF Price Performance

Shares of INDA stock opened at $50.47 on Monday. The company has a market cap of $9.32 billion, a P/E ratio of 28.95 and a beta of 0.51. The stock’s 50-day moving average is $52.75 and its 200 day moving average is $55.03. iShares MSCI India ETF has a 1-year low of $30.57 and a 1-year high of $38.21.

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.