Stevens Capital Management LP Lowers Stock Position in iShares MSCI India ETF (BATS:INDA)

Stevens Capital Management LP trimmed its holdings in iShares MSCI India ETF (BATS:INDA) by 71.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,400 shares of the company’s stock after selling 13,727 shares during the quarter. Stevens Capital Management LP’s holdings in iShares MSCI India ETF were worth $284,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Kestra Investment Management LLC purchased a new position in shares of iShares MSCI India ETF in the 4th quarter valued at approximately $26,000. HM Payson & Co. purchased a new position in iShares MSCI India ETF in the 4th quarter valued at $26,000. Creative Capital Management Investments LLC acquired a new position in iShares MSCI India ETF in the 4th quarter valued at $30,000. GAMMA Investing LLC purchased a new position in iShares MSCI India ETF during the 4th quarter worth $39,000. Finally, Finley Financial LLC acquired a new stake in shares of iShares MSCI India ETF in the 4th quarter worth $41,000.

iShares MSCI India ETF Stock Up 2.3 %

Shares of BATS:INDA opened at $52.12 on Tuesday. iShares MSCI India ETF has a fifty-two week low of $47.60 and a fifty-two week high of $59.49. The firm’s 50-day simple moving average is $49.98 and its 200-day simple moving average is $53.48. The company has a market cap of $8.88 billion, a price-to-earnings ratio of 22.55 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.