iShares MSCI India ETF (BATS:INDA) Shares Sold by Cumberland Advisors Inc.

Cumberland Advisors Inc. lowered its position in iShares MSCI India ETF (BATS:INDA) by 4.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 37,680 shares of the company’s stock after selling 1,835 shares during the quarter. iShares MSCI India ETF comprises approximately 0.8% of Cumberland Advisors Inc.’s investment portfolio, making the stock its 28th biggest holding. Cumberland Advisors Inc.’s holdings in iShares MSCI India ETF were worth $1,983,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Angeles Wealth Management LLC acquired a new stake in shares of iShares MSCI India ETF in the second quarter valued at approximately $25,000. Abound Wealth Management bought a new position in shares of iShares MSCI India ETF in the second quarter valued at approximately $28,000. Highline Wealth Partners LLC bought a new position in shares of iShares MSCI India ETF in the third quarter valued at approximately $29,000. Activest Wealth Management bought a new position in shares of iShares MSCI India ETF in the third quarter valued at approximately $40,000. Finally, American Capital Advisory LLC bought a new position in shares of iShares MSCI India ETF in the third quarter valued at approximately $41,000.

iShares MSCI India ETF Trading Down 0.4 %

INDA stock traded down $0.21 on Wednesday, hitting $52.43. 5,840,249 shares of the company’s stock traded hands. The stock has a market cap of $9.69 billion, a price-to-earnings ratio of 28.95 and a beta of 0.51. iShares MSCI India ETF has a 1-year low of $30.57 and a 1-year high of $38.21. The stock has a fifty day moving average of $54.24 and a 200-day moving average of $55.88.

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.