Globeflex Capital L P Invests $2.14 Million in iShares MSCI India ETF $INDA

Globeflex Capital L P bought a new position in iShares MSCI India ETF (BATS:INDA) in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 43,326 shares of the company’s stock, valued at approximately $2,140,000.

Several other hedge funds and other institutional investors have also bought and sold shares of INDA. USA Financial Formulas bought a new position in iShares MSCI India ETF during the first quarter valued at approximately $167,000. Apella Capital LLC bought a new stake in shares of iShares MSCI India ETF in the 2nd quarter worth approximately $204,000. 180 Wealth Advisors LLC lifted its holdings in shares of iShares MSCI India ETF by 39.9% in the 2nd quarter. 180 Wealth Advisors LLC now owns 6,435 shares of the company’s stock worth $318,000 after acquiring an additional 1,835 shares during the last quarter. Parallel Advisors LLC boosted its stake in shares of iShares MSCI India ETF by 37.1% in the 1st quarter. Parallel Advisors LLC now owns 8,125 shares of the company’s stock valued at $381,000 after purchasing an additional 2,200 shares in the last quarter. Finally, Integrated Investment Consultants LLC purchased a new stake in shares of iShares MSCI India ETF in the 1st quarter valued at $314,000.

iShares MSCI India ETF Stock Performance

INDA stock opened at $49.64 on Monday. The firm has a market cap of $8.62 billion, a P/E ratio of 25.20 and a beta of 0.48. The firm’s fifty day moving average is $49.37 and its 200 day moving average is $49.41. iShares MSCI India ETF has a 52 week low of $45.21 and a 52 week high of $55.50.

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.