JGP Wealth Management LLC Cuts Stake in iShares MSCI India ETF (BATS:INDA)

JGP Wealth Management LLC cut its position in iShares MSCI India ETF (BATS:INDA) by 5.4% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 5,473 shares of the company’s stock after selling 310 shares during the period. JGP Wealth Management LLC’s holdings in iShares MSCI India ETF were worth $288,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in INDA. Highline Wealth Partners LLC bought a new position in iShares MSCI India ETF in the 3rd quarter valued at approximately $29,000. GAMMA Investing LLC bought a new position in shares of iShares MSCI India ETF during the fourth quarter valued at $39,000. Activest Wealth Management purchased a new stake in shares of iShares MSCI India ETF during the third quarter valued at $40,000. American Capital Advisory LLC bought a new stake in iShares MSCI India ETF in the 3rd quarter worth about $41,000. Finally, Gordian Capital Singapore Pte Ltd purchased a new position in iShares MSCI India ETF in the 3rd quarter worth about $47,000.

iShares MSCI India ETF Stock Performance

INDA opened at $51.08 on Friday. The company’s 50-day simple moving average is $53.77 and its two-hundred day simple moving average is $55.69. The stock has a market capitalization of $9.44 billion, a P/E ratio of 28.95 and a beta of 0.51. iShares MSCI India ETF has a 52-week low of $30.57 and a 52-week high of $38.21.

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.