Brighton Jones LLC Grows Stock Position in iShares MSCI India ETF (BATS:INDA)

Brighton Jones LLC lifted its stake in iShares MSCI India ETF (BATS:INDA) by 75.5% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 12,157 shares of the company’s stock after buying an additional 5,231 shares during the quarter. Brighton Jones LLC’s holdings in iShares MSCI India ETF were worth $678,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of INDA. Angeles Wealth Management LLC purchased a new position in shares of iShares MSCI India ETF in the 2nd quarter valued at about $25,000. Founders Capital Management acquired a new position in shares of iShares MSCI India ETF during the 2nd quarter worth approximately $28,000. Abound Wealth Management purchased a new position in shares of iShares MSCI India ETF during the 2nd quarter valued at approximately $28,000. Principal Securities Inc. acquired a new stake in iShares MSCI India ETF in the 4th quarter valued at $29,000. Finally, Bogart Wealth LLC purchased a new stake in iShares MSCI India ETF in the 1st quarter worth $33,000.

iShares MSCI India ETF Stock Performance

BATS:INDA opened at $58.74 on Friday. The stock has a market capitalization of $10.85 billion, a PE ratio of 28.95 and a beta of 0.51. iShares MSCI India ETF has a fifty-two week low of $30.57 and a fifty-two week high of $38.21. The company has a fifty day moving average of $56.78 and a two-hundred day moving average of $54.35.

About iShares MSCI India ETF

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.