Bay Colony Advisory Group Inc d b a Bay Colony Advisors Invests $200,000 in iShares MSCI India ETF $INDA

Bay Colony Advisory Group Inc d b a Bay Colony Advisors bought a new position in iShares MSCI India ETF (BATS:INDA) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 3,600 shares of the company’s stock, valued at approximately $200,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Ramirez Asset Management Inc. purchased a new position in iShares MSCI India ETF in the first quarter worth $26,000. Centricity Wealth Management LLC purchased a new position in iShares MSCI India ETF in the second quarter worth $31,000. Briaud Financial Planning Inc purchased a new position in iShares MSCI India ETF in the second quarter worth $40,000. Redwood Park Advisors LLC purchased a new position in iShares MSCI India ETF in the first quarter worth $38,000. Finally, MCF Advisors LLC grew its position in iShares MSCI India ETF by 460.7% in the first quarter. MCF Advisors LLC now owns 914 shares of the company’s stock worth $47,000 after acquiring an additional 751 shares in the last quarter.

iShares MSCI India ETF Stock Performance

Shares of BATS:INDA opened at $54.03 on Friday. iShares MSCI India ETF has a 52-week low of $47.60 and a 52-week high of $59.49. The firm has a fifty day moving average of $53.25 and a 200 day moving average of $53.73. The firm has a market capitalization of $9.38 billion, a PE ratio of 25.20 and a beta of 0.48.

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.