NewEdge Wealth LLC Makes New Investment in iShares MSCI India ETF $INDA

NewEdge Wealth LLC bought a new position in iShares MSCI India ETF (BATS:INDA) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 55,126 shares of the company’s stock, valued at approximately $2,980,000.

Other hedge funds also recently bought and sold shares of the company. Atlantic Union Bankshares Corp acquired a new stake in iShares MSCI India ETF in the third quarter worth $25,000. Arrowpoint Investment Partners Singapore Pte. Ltd. acquired a new stake in iShares MSCI India ETF in the third quarter worth $26,000. Ravenswood Partners LP acquired a new stake in iShares MSCI India ETF in the third quarter worth $27,000. CoreCap Advisors LLC raised its holdings in iShares MSCI India ETF by 292.7% in the fourth quarter. CoreCap Advisors LLC now owns 538 shares of the company’s stock worth $29,000 after purchasing an additional 401 shares during the period. Finally, Assetmark Inc. raised its holdings in iShares MSCI India ETF by 121.6% in the fourth quarter. Assetmark Inc. now owns 543 shares of the company’s stock worth $29,000 after purchasing an additional 298 shares during the period.

iShares MSCI India ETF Stock Performance

INDA opened at $47.52 on Wednesday. The firm’s fifty day moving average is $48.73 and its two-hundred day moving average is $51.84. The firm has a market cap of $8.25 billion, a PE ratio of 25.20 and a beta of 0.48. iShares MSCI India ETF has a twelve month low of $45.21 and a twelve month high of $56.01.

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.