Riverview Capital Advisers LLC Makes New $749,000 Investment in iShares MSCI India ETF (BATS:INDA)

Riverview Capital Advisers LLC purchased a new position in shares of iShares MSCI India ETF (BATS:INDA) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 13,425 shares of the company’s stock, valued at approximately $749,000.

A number of other institutional investors and hedge funds have also made changes to their positions in INDA. Angeles Wealth Management LLC acquired a new stake in iShares MSCI India ETF in the 2nd quarter valued at $25,000. Founders Capital Management acquired a new stake in iShares MSCI India ETF in the 2nd quarter worth about $28,000. Abound Wealth Management purchased a new stake in iShares MSCI India ETF during the 2nd quarter worth approximately $28,000. Principal Securities Inc. acquired a new position in shares of iShares MSCI India ETF during the fourth quarter valued at approximately $29,000. Finally, Bogart Wealth LLC purchased a new position in shares of iShares MSCI India ETF in the first quarter valued at approximately $33,000.

iShares MSCI India ETF Stock Performance

Shares of INDA opened at $57.67 on Thursday. The stock has a 50 day moving average price of $56.70 and a 200 day moving average price of $54.23. iShares MSCI India ETF has a one year low of $30.57 and a one year high of $38.21. The stock has a market capitalization of $10.65 billion, a price-to-earnings ratio of 28.95 and a beta of 0.51.

iShares MSCI India ETF Company 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.