Spinnaker Trust Increases Stock Position in iShares MSCI India ETF (BATS:INDA)

Spinnaker Trust increased its position in iShares MSCI India ETF (BATS:INDA) by 2.6% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 226,632 shares of the company’s stock after acquiring an additional 5,639 shares during the period. Spinnaker Trust owned about 0.17% of iShares MSCI India ETF worth $11,062,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Nipun Capital L.P. bought a new stake in iShares MSCI India ETF in the 4th quarter worth approximately $67,350,000. TAP Consulting LLC bought a new stake in iShares MSCI India ETF in the 4th quarter worth approximately $1,159,000. Abbrea Capital LLC bought a new stake in iShares MSCI India ETF in the 4th quarter worth approximately $254,000. Channing Global Advisors LLC bought a new stake in iShares MSCI India ETF in the 4th quarter worth approximately $4,203,000. Finally, Atria Wealth Solutions Inc. bought a new stake in iShares MSCI India ETF in the 4th quarter worth approximately $200,000.

iShares MSCI India ETF Stock Performance

Shares of INDA stock traded up $0.03 during mid-day trading on Friday, reaching $52.32. 2,614,352 shares of the company’s stock traded hands. iShares MSCI India ETF has a 12 month low of $30.57 and a 12 month high of $38.21. The firm has a 50 day moving average price of $51.45 and a two-hundred day moving average price of $48.61. The firm has a market capitalization of $9.55 billion, a PE ratio of 28.58 and a beta of 0.51.

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.