Merit Financial Group LLC Purchases 6,314 Shares of iShares MSCI India ETF (BATS:INDA)

Merit Financial Group LLC boosted its position in iShares MSCI India ETF (BATS:INDA) by 153.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 10,434 shares of the company’s stock after buying an additional 6,314 shares during the quarter. Merit Financial Group LLC’s holdings in iShares MSCI India ETF were worth $549,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC raised its holdings in shares of iShares MSCI India ETF by 5.5% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 40,415 shares of the company’s stock valued at $2,127,000 after purchasing an additional 2,114 shares during the last quarter. Geode Capital Management LLC bought a new position in iShares MSCI India ETF in the third quarter valued at $6,059,000. Bensler LLC increased its stake in iShares MSCI India ETF by 2.3% in the 3rd quarter. Bensler LLC now owns 375,548 shares of the company’s stock valued at $21,981,000 after buying an additional 8,546 shares during the last quarter. Farther Finance Advisors LLC lifted its position in iShares MSCI India ETF by 29.5% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,317 shares of the company’s stock worth $77,000 after buying an additional 300 shares in the last quarter. Finally, Verus Financial Partners Inc. bought a new stake in iShares MSCI India ETF during the 3rd quarter worth about $300,000.

iShares MSCI India ETF Price Performance

Shares of BATS INDA opened at $51.10 on Friday. The business has a 50-day moving average of $53.48 and a 200-day moving average of $55.50. The stock has a market capitalization of $9.44 billion, a price-to-earnings 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.

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.