iShares MSCI India ETF (BATS:INDA) Stock Position Trimmed by Discovery Capital Management LLC CT

Discovery Capital Management LLC CT cut its stake in shares of iShares MSCI India ETF (BATS:INDA) by 32.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 18,590 shares of the company’s stock after selling 9,000 shares during the quarter. Discovery Capital Management LLC CT’s holdings in iShares MSCI India ETF were worth $979,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in INDA. HM Payson & Co. purchased a new position in shares of iShares MSCI India ETF during the 4th quarter valued at $26,000. Kestra Investment Management LLC acquired a new position in iShares MSCI India ETF in the 4th quarter worth about $26,000. Creative Capital Management Investments LLC bought a new stake in shares of iShares MSCI India ETF in the 4th quarter valued at approximately $30,000. GAMMA Investing LLC bought a new stake in iShares MSCI India ETF in the fourth quarter worth approximately $39,000. Finally, Gordian Capital Singapore Pte Ltd acquired a new position in shares of iShares MSCI India ETF during the 3rd quarter worth $47,000.

iShares MSCI India ETF Trading Up 1.1 %

INDA stock opened at $51.50 on Tuesday. The firm has a market cap of $8.86 billion, a PE ratio of 23.59 and a beta of 0.54. iShares MSCI India ETF has a 1 year low of $47.60 and a 1 year high of $59.49. The company has a fifty day simple moving average of $50.04 and a 200 day simple moving average of $53.29.

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.