Chicago Wealth Management Inc. Purchases New Position in iShares MSCI India ETF (BATS:INDA)

Chicago Wealth Management Inc. acquired a new stake in iShares MSCI India ETF (BATS:INDA) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 178,831 shares of the company’s stock, valued at approximately $9,975,000. iShares MSCI India ETF accounts for approximately 5.7% of Chicago Wealth Management Inc.’s investment portfolio, making the stock its 5th biggest holding. Chicago Wealth Management Inc. owned about 0.10% of iShares MSCI India ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Naples Global Advisors LLC boosted its stake in shares of iShares MSCI India ETF by 2.5% in the second quarter. Naples Global Advisors LLC now owns 8,350 shares of the company’s stock valued at $466,000 after purchasing an additional 200 shares during the period. National Bank of Canada FI grew its stake in shares of iShares MSCI India ETF by 0.3% during the second quarter. National Bank of Canada FI now owns 76,644 shares of the company’s stock valued at $4,292,000 after acquiring an additional 227 shares in the last quarter. Register Financial Advisors LLC grew its stake in shares of iShares MSCI India ETF by 15.1% during the second quarter. Register Financial Advisors LLC now owns 1,902 shares of the company’s stock valued at $106,000 after acquiring an additional 250 shares in the last quarter. JGP Wealth Management LLC increased its position in shares of iShares MSCI India ETF by 7.6% during the second quarter. JGP Wealth Management LLC now owns 4,702 shares of the company’s stock worth $262,000 after acquiring an additional 334 shares during the last quarter. Finally, Dimension Capital Management LLC lifted its stake in shares of iShares MSCI India ETF by 3.1% in the second quarter. Dimension Capital Management LLC now owns 12,076 shares of the company’s stock worth $674,000 after acquiring an additional 359 shares in the last quarter.

iShares MSCI India ETF Stock Performance

Shares of INDA opened at $59.13 on Friday. iShares MSCI India ETF has a one year low of $30.57 and a one year high of $38.21. The stock has a 50-day moving average price of $56.99 and a 200 day moving average price of $54.59. The company has a market capitalization of $10.92 billion, a P/E 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.