Checchi Capital Advisers LLC Reduces Holdings in iShares MSCI India ETF (BATS:INDA)

Checchi Capital Advisers LLC trimmed its holdings in shares of iShares MSCI India ETF (BATS:INDA) by 0.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 102,011 shares of the company’s stock after selling 939 shares during the quarter. Checchi Capital Advisers LLC owned 0.06% of iShares MSCI India ETF worth $5,370,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of INDA. Kestra Investment Management LLC acquired a new stake in shares of iShares MSCI India ETF during the fourth quarter worth $26,000. Highline Wealth Partners LLC bought a new stake in shares of iShares MSCI India ETF during the 3rd quarter valued at about $29,000. Creative Capital Management Investments LLC acquired a new stake in iShares MSCI India ETF during the fourth quarter worth about $30,000. GAMMA Investing LLC acquired a new position in iShares MSCI India ETF in the fourth quarter valued at approximately $39,000. Finally, Activest Wealth Management bought a new position in shares of iShares MSCI India ETF during the third quarter valued at approximately $40,000.

iShares MSCI India ETF Trading Down 3.3 %

Shares of BATS INDA opened at $49.27 on Wednesday. iShares MSCI India ETF has a 12-month low of $30.57 and a 12-month high of $38.21. The company has a market cap of $8.39 billion, a price-to-earnings ratio of 23.24 and a beta of 0.75. The stock’s 50 day simple moving average is $51.41 and its 200 day simple moving average is $54.49.

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.