Apexium Financial LP Purchases Shares of 21,420 iShares MSCI India ETF (BATS:INDA)

Apexium Financial LP purchased a new position in iShares MSCI India ETF (BATS:INDA) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 21,420 shares of the company’s stock, valued at approximately $1,128,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Wealth Enhancement Advisory Services LLC raised its stake in iShares MSCI India ETF by 5.5% during the fourth 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 stake in iShares MSCI India ETF in the third quarter worth about $6,059,000. Merit Financial Group LLC boosted its position in shares of iShares MSCI India ETF by 153.3% during the fourth 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. Bensler LLC raised its holdings in shares of iShares MSCI India ETF by 2.3% in the third quarter. Bensler LLC now owns 375,548 shares of the company’s stock worth $21,981,000 after buying an additional 8,546 shares during the period. Finally, MassMutual Private Wealth & Trust FSB lifted its stake in shares of iShares MSCI India ETF by 1,390.8% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 1,938 shares of the company’s stock worth $102,000 after acquiring an additional 1,808 shares during the last quarter.

iShares MSCI India ETF Price Performance

BATS:INDA opened at $50.72 on Monday. The firm has a market cap of $9.37 billion, a PE ratio of 28.95 and a beta of 0.51. The company has a 50-day moving average of $53.44 and a 200 day moving average of $55.44. iShares MSCI India ETF has a 1-year low of $30.57 and a 1-year 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.