Lazard Asset Management LLC Sells 238,646 Shares of iShares MSCI India ETF $INDA

Lazard Asset Management LLC cut its position in iShares MSCI India ETF (BATS:INDA) by 91.6% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 22,008 shares of the company’s stock after selling 238,646 shares during the quarter. Lazard Asset Management LLC’s holdings in iShares MSCI India ETF were worth $1,031,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. MYDA Advisors LLC bought a new stake in iShares MSCI India ETF during the first quarter valued at about $1,030,000. Invesco Ltd. lifted its position in shares of iShares MSCI India ETF by 7.0% during the 2nd quarter. Invesco Ltd. now owns 583,029 shares of the company’s stock worth $32,463,000 after purchasing an additional 38,190 shares during the last quarter. Baird Financial Group Inc. acquired a new position in shares of iShares MSCI India ETF during the 2nd quarter worth about $350,000. Cerity Partners LLC lifted its position in shares of iShares MSCI India ETF by 29.7% during the 2nd quarter. Cerity Partners LLC now owns 81,113 shares of the company’s stock worth $4,516,000 after purchasing an additional 18,593 shares during the last quarter. Finally, Qube Research & Technologies Ltd bought a new stake in iShares MSCI India ETF during the 2nd quarter valued at approximately $354,000.

iShares MSCI India ETF Stock Down 0.4%

INDA opened at $50.31 on Thursday. The firm has a market capitalization of $8.74 billion, a P/E ratio of 25.20 and a beta of 0.48. The stock’s 50 day moving average price is $48.89 and its two-hundred day moving average price is $49.59. iShares MSCI India ETF has a 12-month low of $45.21 and a 12-month high of $55.50.

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.