Strait & Sound Wealth Management LLC Purchases 3,381 Shares of iShares MSCI India ETF (BATS:INDA)

Strait & Sound Wealth Management LLC lifted its position in shares of iShares MSCI India ETF (BATS:INDA) by 44.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 11,033 shares of the company’s stock after purchasing an additional 3,381 shares during the period. Strait & Sound Wealth Management LLC’s holdings in iShares MSCI India ETF were worth $646,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Geode Capital Management LLC purchased a new position in iShares MSCI India ETF in the third quarter worth $6,059,000. Barclays PLC raised its stake in shares of iShares MSCI India ETF by 9.4% during the 3rd quarter. Barclays PLC now owns 408,073 shares of the company’s stock worth $23,884,000 after purchasing an additional 35,209 shares during the period. Gordian Capital Singapore Pte Ltd purchased a new position in shares of iShares MSCI India ETF in the 3rd quarter worth about $47,000. Nomura Asset Management Co. Ltd. boosted its holdings in shares of iShares MSCI India ETF by 2.1% in the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 97,700 shares of the company’s stock worth $5,718,000 after buying an additional 2,000 shares during the last quarter. Finally, Y Intercept Hong Kong Ltd bought a new position in iShares MSCI India ETF during the third quarter valued at about $940,000.

iShares MSCI India ETF Stock Performance

Shares of INDA stock opened at $55.55 on Tuesday. The firm has a market cap of $10.26 billion, a price-to-earnings ratio of 28.95 and a beta of 0.51. iShares MSCI India ETF has a 52 week low of $30.57 and a 52 week high of $38.21. The firm’s 50-day simple moving average is $55.36 and its two-hundred day simple moving average is $55.92.

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.