Lake Street Advisors Group LLC Acquires Shares of 16,414 iShares MSCI India ETF (BATS:INDA)

Lake Street Advisors Group LLC acquired a new stake in shares of iShares MSCI India ETF (BATS:INDA) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 16,414 shares of the company’s stock, valued at approximately $717,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Bank of New York Mellon Corp lifted its position in shares of iShares MSCI India ETF by 3.1% during the first quarter. Bank of New York Mellon Corp now owns 372,165 shares of the company’s stock worth $16,587,000 after acquiring an additional 11,099 shares in the last quarter. Cambridge Investment Research Advisors Inc. lifted its position in shares of iShares MSCI India ETF by 5.8% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 12,901 shares of the company’s stock worth $575,000 after acquiring an additional 710 shares in the last quarter. HighTower Advisors LLC lifted its position in shares of iShares MSCI India ETF by 5.8% during the first quarter. HighTower Advisors LLC now owns 22,845 shares of the company’s stock worth $1,020,000 after acquiring an additional 1,246 shares in the last quarter. BlackRock Inc. lifted its position in shares of iShares MSCI India ETF by 3.8% during the first quarter. BlackRock Inc. now owns 15,725,497 shares of the company’s stock worth $700,887,000 after acquiring an additional 579,672 shares in the last quarter. Finally, Mather Group LLC. purchased a new stake in shares of iShares MSCI India ETF during the first quarter worth $214,000.

iShares MSCI India ETF Price Performance

Shares of BATS:INDA traded up $0.07 during trading on Friday, hitting $45.05. 1,941,963 shares of the company were exchanged. The company has a market cap of $6.07 billion, a PE ratio of 23.86 and a beta of 0.68. The stock has a 50 day moving average of $44.34 and a 200 day moving average of $43.54. iShares MSCI India ETF has a 52-week low of $30.57 and a 52-week high of $38.21.

iShares MSCI India ETF 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.