Moran Wealth Management LLC Sells 2,484 Shares of iShares MSCI India ETF (BATS:INDA)

Moran Wealth Management LLC trimmed its position in iShares MSCI India ETF (BATS:INDA) by 2.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 101,781 shares of the company’s stock after selling 2,484 shares during the quarter. Moran Wealth Management LLC owned about 0.06% of iShares MSCI India ETF worth $5,358,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the company. Bank of New York Mellon Corp increased its stake in iShares MSCI India ETF by 2.8% during the fourth quarter. Bank of New York Mellon Corp now owns 8,257,248 shares of the company’s stock worth $434,662,000 after acquiring an additional 228,036 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in iShares MSCI India ETF during the third quarter worth approximately $175,931,000. BNP Paribas Financial Markets increased its stake in iShares MSCI India ETF by 59.8% during the third quarter. BNP Paribas Financial Markets now owns 2,459,410 shares of the company’s stock worth $143,949,000 after acquiring an additional 920,819 shares during the last quarter. Millburn Ridgefield Corp increased its stake in iShares MSCI India ETF by 9.7% during the fourth quarter. Millburn Ridgefield Corp now owns 2,227,206 shares of the company’s stock worth $117,240,000 after acquiring an additional 196,903 shares during the last quarter. Finally, LPL Financial LLC increased its stake in iShares MSCI India ETF by 11.3% during the third quarter. LPL Financial LLC now owns 1,846,865 shares of the company’s stock worth $108,097,000 after acquiring an additional 187,940 shares during the last quarter.

iShares MSCI India ETF Price Performance

Shares of BATS INDA opened at $48.38 on Tuesday. The business’s 50 day moving average is $50.51 and its two-hundred day moving average is $54.00. iShares MSCI India ETF has a 1-year low of $47.60 and a 1-year high of $59.49. The stock has a market capitalization of $8.24 billion, a P/E ratio of 23.24 and a beta of 0.75.

iShares MSCI India ETF 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.