Advisors Preferred LLC Makes New Investment in iShares MSCI India ETF $INDA

Advisors Preferred LLC purchased a new position in shares of iShares MSCI India ETF (BATS:INDA) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 966 shares of the company’s stock, valued at approximately $54,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in INDA. MYDA Advisors LLC bought a new stake in iShares MSCI India ETF during the first quarter worth $1,030,000. Principal Financial Group Inc. raised its position in shares of iShares MSCI India ETF by 2.5% in the first quarter. Principal Financial Group Inc. now owns 389,675 shares of the company’s stock valued at $20,060,000 after purchasing an additional 9,663 shares during the period. Strategic Blueprint LLC bought a new position in shares of iShares MSCI India ETF in the first quarter valued at about $241,000. Financial Counselors Inc. bought a new position in shares of iShares MSCI India ETF in the first quarter valued at about $379,000. Finally, Stratos Wealth Advisors LLC raised its position in shares of iShares MSCI India ETF by 6.9% in the first quarter. Stratos Wealth Advisors LLC now owns 148,778 shares of the company’s stock valued at $7,659,000 after purchasing an additional 9,638 shares during the period.

iShares MSCI India ETF Price Performance

Shares of INDA opened at $54.04 on Wednesday. The firm has a market capitalization of $9.38 billion, a PE ratio of 25.20 and a beta of 0.48. The company’s 50-day moving average is $53.30 and its 200-day moving average is $53.77. iShares MSCI India ETF has a fifty-two week low of $47.60 and a fifty-two week high of $59.49.

iShares MSCI India ETF Company 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.