Beacon Financial Advisory LLC Grows Position in iShares MSCI India ETF $INDA

Beacon Financial Advisory LLC lifted its holdings in shares of iShares MSCI India ETF (BATS:INDA) by 21.3% in the second quarter, HoldingsChannel.com reports. The firm owned 13,275 shares of the company’s stock after acquiring an additional 2,327 shares during the quarter. Beacon Financial Advisory LLC’s holdings in iShares MSCI India ETF were worth $739,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Perigon Wealth Management LLC grew its holdings in shares of iShares MSCI India ETF by 627.0% during the 2nd quarter. Perigon Wealth Management LLC now owns 30,526 shares of the company’s stock worth $1,700,000 after purchasing an additional 26,327 shares during the period. Wealth Enhancement Advisory Services LLC grew its holdings in shares of iShares MSCI India ETF by 175.5% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 131,735 shares of the company’s stock worth $6,782,000 after purchasing an additional 83,924 shares during the period. Partners Capital Investment Group LLP grew its holdings in shares of iShares MSCI India ETF by 100.0% during the 1st quarter. Partners Capital Investment Group LLP now owns 83,788 shares of the company’s stock worth $4,313,000 after purchasing an additional 41,894 shares during the period. GAMMA Investing LLC lifted its stake in iShares MSCI India ETF by 5,048.0% during the 1st quarter. GAMMA Investing LLC now owns 38,044 shares of the company’s stock worth $1,959,000 after acquiring an additional 37,305 shares in the last quarter. Finally, Park Avenue Securities LLC acquired a new position in iShares MSCI India ETF during the 2nd quarter worth about $412,000.

iShares MSCI India ETF Trading Up 3.0%

INDA opened at $52.45 on Friday. The stock’s 50-day moving average price is $52.84 and its 200 day moving average price is $53.25. iShares MSCI India ETF has a 12-month low of $47.60 and a 12-month high of $59.49. The firm has a market cap of $9.11 billion, a price-to-earnings 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.