Next Capital Management LLC Acquires Shares of 4,000 iShares MSCI India ETF $INDA

Next Capital Management LLC bought a new position in iShares MSCI India ETF (BATS:INDA) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 4,000 shares of the company’s stock, valued at approximately $223,000.

Several other institutional investors and hedge funds have also recently modified their holdings of INDA. K.J. Harrison & Partners Inc purchased a new position in shares of iShares MSCI India ETF in the 2nd quarter worth about $316,000. Intellectus Partners LLC increased its stake in iShares MSCI India ETF by 20.5% during the 2nd quarter. Intellectus Partners LLC now owns 5,872 shares of the company’s stock valued at $327,000 after purchasing an additional 1,000 shares in the last quarter. Jessup Wealth Management Inc purchased a new position in iShares MSCI India ETF in the second quarter worth about $257,000. Strategic Financial Concepts LLC purchased a new position in iShares MSCI India ETF in the second quarter worth about $698,000. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors bought a new position in shares of iShares MSCI India ETF in the second quarter worth approximately $200,000.

iShares MSCI India ETF Stock Up 6.5%

BATS:INDA opened at $54.26 on Tuesday. The stock has a market cap of $9.42 billion, a price-to-earnings ratio of 25.20 and a beta of 0.48. The company’s 50 day moving average price is $53.27 and its 200-day moving average price is $53.76. iShares MSCI India ETF has a 52 week low of $47.60 and a 52 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.