Y Intercept Hong Kong Ltd Takes Position in iShares MSCI India ETF $INDA

Y Intercept Hong Kong Ltd acquired a new stake in iShares MSCI India ETF (BATS:INDA) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 5,594 shares of the company’s stock, valued at approximately $311,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Ramirez Asset Management Inc. purchased a new position in iShares MSCI India ETF in the first quarter valued at about $26,000. Centricity Wealth Management LLC purchased a new stake in shares of iShares MSCI India ETF during the 2nd quarter worth approximately $31,000. Redwood Park Advisors LLC acquired a new stake in shares of iShares MSCI India ETF in the 1st quarter worth approximately $38,000. Briaud Financial Planning Inc acquired a new stake in shares of iShares MSCI India ETF in the 2nd quarter worth approximately $40,000. Finally, MCF Advisors LLC increased its stake in iShares MSCI India ETF by 460.7% in the 1st quarter. MCF Advisors LLC now owns 914 shares of the company’s stock valued at $47,000 after purchasing an additional 751 shares in the last quarter.

iShares MSCI India ETF Stock Performance

Shares of INDA stock opened at $53.76 on Friday. The stock has a fifty day moving average price of $53.38 and a 200 day moving average price of $53.78. The stock has a market cap of $9.33 billion, a PE ratio of 25.20 and a beta of 0.48. iShares MSCI India ETF has a 1 year low of $47.60 and a 1 year high of $59.49.

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.