iShares MSCI India ETF (BATS:INDA) Shares Sold by Pekin Hardy Strauss Inc.

Pekin Hardy Strauss Inc. decreased its holdings in iShares MSCI India ETF (BATS:INDA) by 4.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 64,422 shares of the company’s stock after selling 3,250 shares during the quarter. Pekin Hardy Strauss Inc.’s holdings in iShares MSCI India ETF were worth $3,391,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in INDA. Merit Financial Group LLC lifted its position in iShares MSCI India ETF by 153.3% during the 4th quarter. Merit Financial Group LLC now owns 10,434 shares of the company’s stock worth $549,000 after acquiring an additional 6,314 shares during the period. Wealth Enhancement Advisory Services LLC lifted its position in iShares MSCI India ETF by 5.5% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 40,415 shares of the company’s stock worth $2,127,000 after acquiring an additional 2,114 shares during the period. Geode Capital Management LLC acquired a new stake in iShares MSCI India ETF during the 3rd quarter worth about $6,059,000. Ameliora Wealth Management Ltd. lifted its position in iShares MSCI India ETF by 17.0% during the 4th quarter. Ameliora Wealth Management Ltd. now owns 100,425 shares of the company’s stock worth $5,292,000 after acquiring an additional 14,579 shares during the period. Finally, Bensler LLC lifted its position in iShares MSCI India ETF by 2.3% during the 3rd quarter. Bensler LLC now owns 375,548 shares of the company’s stock worth $21,981,000 after acquiring an additional 8,546 shares during the period.

iShares MSCI India ETF Stock Performance

Shares of INDA opened at $49.29 on Friday. The stock has a 50-day moving average of $51.64 and a two-hundred day moving average of $54.59. iShares MSCI India ETF has a one year low of $30.57 and a one year high of $38.21. The stock has a market cap of $9.11 billion, a P/E ratio of 28.95 and a beta of 0.51.

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.