Capstone Wealth Management Group LLC Reduces Stock Holdings in iShares MSCI India ETF (BATS:INDA)

Capstone Wealth Management Group LLC cut its stake in shares of iShares MSCI India ETF (BATS:INDA) by 1.2% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 25,710 shares of the company’s stock after selling 325 shares during the period. iShares MSCI India ETF makes up approximately 0.9% of Capstone Wealth Management Group LLC’s holdings, making the stock its 27th largest holding. Capstone Wealth Management Group LLC’s holdings in iShares MSCI India ETF were worth $1,434,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Pekin Hardy Strauss Inc. boosted its position in iShares MSCI India ETF by 4.7% in the 2nd quarter. Pekin Hardy Strauss Inc. now owns 66,697 shares of the company’s stock valued at $3,720,000 after buying an additional 2,992 shares during the last quarter. City of London Investment Management Co. Ltd. acquired a new position in shares of iShares MSCI India ETF in the second quarter worth about $4,128,000. Abound Wealth Management purchased a new position in iShares MSCI India ETF in the second quarter valued at about $28,000. Seven Mile Advisory acquired a new stake in iShares MSCI India ETF during the 2nd quarter valued at approximately $224,000. Finally, J.W. Cole Advisors Inc. grew its stake in iShares MSCI India ETF by 22.1% during the 2nd quarter. J.W. Cole Advisors Inc. now owns 11,249 shares of the company’s stock valued at $627,000 after purchasing an additional 2,033 shares in the last quarter.

iShares MSCI India ETF Stock Up 0.5 %

Shares of INDA opened at $58.13 on Tuesday. The firm has a market cap of $10.74 billion, a price-to-earnings ratio of 28.95 and a beta of 0.51. The business’s 50 day moving average is $56.68 and its two-hundred day moving average is $54.19. iShares MSCI India ETF has a 52-week low of $30.57 and a 52-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.