Verus Financial Partners Inc. Acquires New Stake in iShares MSCI India ETF (BATS:INDA)

Verus Financial Partners Inc. acquired a new position in iShares MSCI India ETF (BATS:INDA) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 5,161 shares of the company’s stock, valued at approximately $300,000.

Several other hedge funds also recently made changes to their positions in the company. Headlands Technologies LLC boosted its position in iShares MSCI India ETF by 728.1% during the 2nd quarter. Headlands Technologies LLC now owns 44,062 shares of the company’s stock valued at $2,458,000 after acquiring an additional 38,741 shares in the last quarter. Kingswood Wealth Advisors LLC bought a new stake in iShares MSCI India ETF in the second quarter worth $219,000. ORG Partners LLC purchased a new stake in shares of iShares MSCI India ETF in the second quarter worth $171,000. Ensign Peak Advisors Inc raised its position in shares of iShares MSCI India ETF by 10.6% in the 2nd quarter. Ensign Peak Advisors Inc now owns 2,468,705 shares of the company’s stock worth $137,704,000 after purchasing an additional 236,145 shares during the last quarter. Finally, Brookstone Capital Management boosted its stake in iShares MSCI India ETF by 6.5% in the 2nd quarter. Brookstone Capital Management now owns 24,234 shares of the company’s stock worth $1,384,000 after purchasing an additional 1,485 shares in the last quarter.

iShares MSCI India ETF Stock Performance

Shares of iShares MSCI India ETF stock opened at $54.34 on Friday. The company has a 50-day simple moving average of $56.88 and a two-hundred day simple moving average of $55.59. iShares MSCI India ETF has a 52-week low of $30.57 and a 52-week high of $38.21. The stock has a market capitalization of $10.04 billion, a PE ratio of 28.95 and a beta of 0.51.

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.