Denali Advisors LLC Purchases 900 Shares of iShares MSCI India ETF $INDA

Denali Advisors LLC raised its position in iShares MSCI India ETF (BATS:INDA) by 11.8% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 8,500 shares of the company’s stock after buying an additional 900 shares during the quarter. Denali Advisors LLC’s holdings in iShares MSCI India ETF were worth $473,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Ramirez Asset Management Inc. bought a new position in iShares MSCI India ETF in the 1st quarter valued at about $26,000. Centricity Wealth Management LLC bought a new position in iShares MSCI India ETF in the 2nd quarter valued at about $31,000. Redwood Park Advisors LLC bought a new position in iShares MSCI India ETF in the 1st quarter valued at about $38,000. MCF Advisors LLC increased its holdings in iShares MSCI India ETF by 460.7% in the 1st quarter. MCF Advisors LLC now owns 914 shares of the company’s stock valued at $47,000 after buying an additional 751 shares during the period. Finally, Private Trust Co. NA increased its holdings in iShares MSCI India ETF by 787.3% in the 2nd quarter. Private Trust Co. NA now owns 1,189 shares of the company’s stock valued at $66,000 after buying an additional 1,055 shares during the period.

iShares MSCI India ETF Stock Up 8.5%

INDA stock opened at $55.25 on Thursday. iShares MSCI India ETF has a 12 month low of $47.60 and a 12 month high of $59.49. The firm has a market cap of $9.59 billion, a P/E ratio of 25.20 and a beta of 0.48. The company’s 50-day moving average price is $53.08 and its two-hundred day moving average price is $53.48.

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.