Flagstar Advisors Inc. Acquires 3,242 Shares of iShares MSCI India ETF (BATS:INDA)

Flagstar Advisors Inc. increased its holdings in iShares MSCI India ETF (BATS:INDA) by 21.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,247 shares of the company’s stock after buying an additional 3,242 shares during the period. Flagstar Advisors Inc.’s holdings in iShares MSCI India ETF were worth $961,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the stock. Merit Financial Group LLC increased its holdings in iShares MSCI India ETF by 153.3% in the 4th quarter. Merit Financial Group LLC now owns 10,434 shares of the company’s stock valued at $549,000 after buying an additional 6,314 shares during the period. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of iShares MSCI India ETF by 5.5% in the 4th 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 in the last quarter. Geode Capital Management LLC bought a new position in shares of iShares MSCI India ETF in the 3rd quarter valued at $6,059,000. Ameliora Wealth Management Ltd. lifted its position in shares of iShares MSCI India ETF by 17.0% during the 4th quarter. Ameliora Wealth Management Ltd. now owns 100,425 shares of the company’s stock worth $5,292,000 after buying an additional 14,579 shares during the last quarter. Finally, Bensler LLC grew its position in iShares MSCI India ETF by 2.3% in the third quarter. Bensler LLC now owns 375,548 shares of the company’s stock valued at $21,981,000 after acquiring an additional 8,546 shares during the last quarter.

iShares MSCI India ETF Trading Down 2.6 %

Shares of BATS INDA opened at $49.61 on Wednesday. The stock has a 50-day moving average price of $51.99 and a two-hundred day moving average price of $54.69. iShares MSCI India ETF has a 12 month low of $30.57 and a 12 month high of $38.21. The company has a market cap of $9.16 billion, a price-to-earnings ratio of 28.95 and a beta of 0.51.

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.