Baker Avenue Asset Management LP Invests $304,000 in iShares MSCI India ETF (BATS:INDA)

Baker Avenue Asset Management LP purchased a new stake in iShares MSCI India ETF (BATS:INDA) during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 5,200 shares of the company’s stock, valued at approximately $304,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Angeles Wealth Management LLC purchased a new stake in shares of iShares MSCI India ETF during the second quarter worth about $25,000. Founders Capital Management purchased a new stake in iShares MSCI India ETF during the 2nd quarter worth approximately $28,000. Abound Wealth Management acquired a new position in shares of iShares MSCI India ETF during the second quarter valued at approximately $28,000. Highline Wealth Partners LLC purchased a new position in shares of iShares MSCI India ETF in the third quarter valued at approximately $29,000. Finally, Park Place Capital Corp acquired a new stake in shares of iShares MSCI India ETF in the second quarter worth approximately $36,000.

iShares MSCI India ETF Stock Performance

Shares of INDA opened at $54.51 on Tuesday. The stock has a 50 day moving average price of $56.81 and a 200 day moving average price of $55.65. The stock has a market capitalization of $10.07 billion, a price-to-earnings ratio of 28.95 and a beta of 0.51. iShares MSCI India ETF has a one year low of $30.57 and a one year high of $38.21.

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.