Summit Trail Advisors LLC Decreases Position in iShares MSCI India ETF (BATS:INDA)

Summit Trail Advisors LLC lessened its holdings in iShares MSCI India ETF (BATS:INDA) by 77.3% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 31,645 shares of the company’s stock after selling 108,056 shares during the period. Summit Trail Advisors LLC’s holdings in iShares MSCI India ETF were worth $1,765,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Jane Street Group LLC boosted its position in iShares MSCI India ETF by 1,073.3% in the 1st quarter. Jane Street Group LLC now owns 16,108,870 shares of the company’s stock valued at $831,057,000 after buying an additional 14,735,874 shares during the period. Granite Bay Wealth Management LLC raised its holdings in shares of iShares MSCI India ETF by 7,516.9% in the 2nd quarter. Granite Bay Wealth Management LLC now owns 9,434,018 shares of the company’s stock valued at $498,917,000 after purchasing an additional 9,310,161 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in shares of iShares MSCI India ETF by 391.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 7,739,052 shares of the company’s stock valued at $431,684,000 after purchasing an additional 6,165,524 shares in the last quarter. OLD Mission Capital LLC acquired a new stake in shares of iShares MSCI India ETF in the 4th quarter valued at $187,403,000. Finally, Varma Mutual Pension Insurance Co raised its holdings in shares of iShares MSCI India ETF by 386.7% in the 2nd quarter. Varma Mutual Pension Insurance Co now owns 3,675,921 shares of the company’s stock valued at $205,043,000 after purchasing an additional 2,920,650 shares in the last quarter.

iShares MSCI India ETF Trading Up 1.1 %

Shares of INDA opened at $58.74 on Friday. iShares MSCI India ETF has a twelve month low of $30.57 and a twelve month high of $38.21. The firm’s fifty day simple moving average is $56.78 and its 200-day simple moving average is $54.35. The firm has a market capitalization of $10.85 billion, a price-to-earnings ratio of 28.95 and a beta of 0.51.

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.