Cambridge Investment Research Advisors Inc. Raises Stake in iShares MSCI India ETF (BATS:INDA)

Cambridge Investment Research Advisors Inc. grew its stake in shares of iShares MSCI India ETF (BATS:INDA) by 22.7% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 84,862 shares of the company’s stock after purchasing an additional 15,698 shares during the quarter. Cambridge Investment Research Advisors Inc.’s holdings in iShares MSCI India ETF were worth $4,378,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Principal Securities Inc. bought a new stake in shares of iShares MSCI India ETF in the fourth quarter valued at about $29,000. Tower Research Capital LLC TRC raised its holdings in shares of iShares MSCI India ETF by 360.0% in the fourth quarter. Tower Research Capital LLC TRC now owns 621 shares of the company’s stock valued at $30,000 after acquiring an additional 486 shares in the last quarter. Spire Wealth Management raised its holdings in shares of iShares MSCI India ETF by 168.8% in the fourth quarter. Spire Wealth Management now owns 637 shares of the company’s stock valued at $32,000 after acquiring an additional 400 shares in the last quarter. Tucker Asset Management LLC raised its holdings in iShares MSCI India ETF by 3,041.7% in the fourth quarter. Tucker Asset Management LLC now owns 754 shares of the company’s stock worth $37,000 after purchasing an additional 730 shares in the last quarter. Finally, Creative Financial Designs Inc. ADV bought a new position in iShares MSCI India ETF in the fourth quarter worth about $40,000.

iShares MSCI India ETF Price Performance

iShares MSCI India ETF stock traded up $0.11 during trading hours on Tuesday, reaching $54.26. The stock had a trading volume of 4,050,022 shares. The company has a market cap of $10.02 billion, a price-to-earnings ratio of 28.95 and a beta of 0.51. The business’s 50 day moving average price is $52.47 and its 200-day moving average price is $50.61. iShares MSCI India ETF has a 52 week low of $30.57 and a 52 week high of $38.21.

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.