Avantax Advisory Services Inc. Has $261,000 Stake in iShares MSCI India ETF (BATS:INDA)

Avantax Advisory Services Inc. reduced its stake in shares of iShares MSCI India ETF (BATS:INDA) by 58.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,348 shares of the company’s stock after selling 7,673 shares during the quarter. Avantax Advisory Services Inc.’s holdings in iShares MSCI India ETF were worth $261,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Principal Securities Inc. bought a new stake in iShares MSCI India ETF in the fourth quarter valued at approximately $29,000. Spire Wealth Management raised its stake in iShares MSCI India ETF by 168.8% during the 4th quarter. Spire Wealth Management now owns 637 shares of the company’s stock worth $32,000 after buying an additional 400 shares during the period. Creative Financial Designs Inc. ADV bought a new position in iShares MSCI India ETF during the fourth quarter worth about $40,000. Headlands Technologies LLC lifted its holdings in iShares MSCI India ETF by 83.9% during the third quarter. Headlands Technologies LLC now owns 1,179 shares of the company’s stock worth $52,000 after acquiring an additional 538 shares in the last quarter. Finally, Key Financial Inc grew its stake in iShares MSCI India ETF by 30.7% in the fourth quarter. Key Financial Inc now owns 1,278 shares of the company’s stock valued at $62,000 after acquiring an additional 300 shares during the period.

iShares MSCI India ETF Price Performance

BATS INDA opened at $54.07 on Friday. iShares MSCI India ETF has a one year low of $30.57 and a one year high of $38.21. The firm has a market cap of $9.99 billion, a P/E ratio of 28.95 and a beta of 0.51. The stock’s 50-day moving average is $51.90 and its 200-day moving average is $49.91.

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.