Raymond James & Associates Boosts Holdings in iShares MSCI India ETF (BATS:INDA)

Raymond James & Associates grew its holdings in iShares MSCI India ETF (BATS:INDA) by 281.8% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,064,752 shares of the company’s stock after buying an additional 785,855 shares during the period. Raymond James & Associates’ holdings in iShares MSCI India ETF were worth $54,931,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also modified their holdings of the company. Principal Securities Inc. acquired a new stake in shares of iShares MSCI India ETF in the fourth quarter valued at about $29,000. Tower Research Capital LLC TRC raised its position in shares of iShares MSCI India ETF by 360.0% in the fourth quarter. Tower Research Capital LLC TRC now owns 621 shares of the company’s stock valued at $30,000 after buying an additional 486 shares during the last quarter. Spire Wealth Management raised its position in shares of iShares MSCI India ETF by 168.8% in the fourth quarter. Spire Wealth Management now owns 637 shares of the company’s stock valued at $32,000 after buying an additional 400 shares during the last quarter. Tucker Asset Management LLC raised its position in shares of iShares MSCI India ETF by 3,041.7% in the fourth quarter. Tucker Asset Management LLC now owns 754 shares of the company’s stock valued at $37,000 after buying an additional 730 shares during the last quarter. Finally, Creative Financial Designs Inc. ADV acquired a new stake in shares of iShares MSCI India ETF in the fourth quarter valued at about $40,000.

iShares MSCI India ETF Stock Performance

Shares of BATS INDA traded down $0.25 during mid-day trading on Friday, reaching $52.73. The company’s stock had a trading volume of 5,585,125 shares. iShares MSCI India ETF has a 1-year low of $30.57 and a 1-year high of $38.21. The stock has a market capitalization of $9.74 billion, a P/E ratio of 28.95 and a beta of 0.51. The stock has a 50-day moving average of $51.59 and a two-hundred day moving average of $48.95.

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.