Baker Avenue Asset Management LP Makes New Investment in iShares MSCI India ETF (BATS:INDA)

Baker Avenue Asset Management LP bought a new position in iShares MSCI India ETF (BATS:INDA) in the third quarter, according to the company in its most recent filing with the SEC. The fund bought 5,200 shares of the company’s stock, valued at approximately $304,000.

A number of other hedge funds have also bought and sold shares of the company. Angeles Wealth Management LLC purchased a new stake in shares of iShares MSCI India ETF in the second quarter worth approximately $25,000. Founders Capital Management purchased a new stake in shares of iShares MSCI India ETF during the second quarter valued at $28,000. Abound Wealth Management purchased a new stake in shares of iShares MSCI India ETF during the second quarter valued at $28,000. Highline Wealth Partners LLC bought a new position in shares of iShares MSCI India ETF in the third quarter worth about $29,000. Finally, Park Place Capital Corp purchased a new position in iShares MSCI India ETF in the 2nd quarter worth about $36,000.

iShares MSCI India ETF Stock Performance

iShares MSCI India ETF stock opened at $54.51 on Tuesday. The company has a 50 day moving average price of $56.81 and a 200-day moving average price of $55.65. The company has a market capitalization of $10.07 billion, a PE ratio of 28.95 and a beta of 0.51. iShares MSCI India ETF has a fifty-two week low of $30.57 and a fifty-two week high of $38.21.

iShares MSCI India ETF Company 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.