Wambolt & Associates LLC Sells 921 Shares of iShares MSCI India ETF $INDA

Wambolt & Associates LLC lessened its position in shares of iShares MSCI India ETF (BATS:INDA) by 18.2% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,153 shares of the company’s stock after selling 921 shares during the period. Wambolt & Associates LLC’s holdings in iShares MSCI India ETF were worth $232,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Choreo LLC grew its holdings in shares of iShares MSCI India ETF by 10.1% during the second quarter. Choreo LLC now owns 7,017 shares of the company’s stock worth $391,000 after buying an additional 642 shares in the last quarter. Nipun Capital L.P. boosted its position in iShares MSCI India ETF by 1.3% during the 2nd quarter. Nipun Capital L.P. now owns 1,772,945 shares of the company’s stock worth $98,718,000 after acquiring an additional 23,000 shares during the last quarter. J.W. Cole Advisors Inc. bought a new position in shares of iShares MSCI India ETF during the 2nd quarter worth approximately $558,000. Elo Mutual Pension Insurance Co bought a new position in shares of iShares MSCI India ETF during the 2nd quarter worth approximately $4,176,000. Finally, Cornerstone Capital Inc. raised its holdings in shares of iShares MSCI India ETF by 1.3% in the second quarter. Cornerstone Capital Inc. now owns 155,142 shares of the company’s stock valued at $8,638,000 after purchasing an additional 1,955 shares during the last quarter.

iShares MSCI India ETF Trading Up 7.3%

Shares of INDA opened at $54.66 on Thursday. iShares MSCI India ETF has a 12 month low of $47.60 and a 12 month high of $59.49. The firm has a fifty day simple moving average of $53.78 and a 200 day simple moving average of $53.89. The stock has a market capitalization of $9.49 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.