B. Riley Wealth Advisors Inc. Acquires New Stake in iShares MSCI India ETF (BATS:INDA)

B. Riley Wealth Advisors Inc. bought a new position in iShares MSCI India ETF (BATS:INDA) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 28,277 shares of the company’s stock, valued at approximately $1,577,000.

A number of other institutional investors have also recently modified their holdings of INDA. Jane Street Group LLC boosted its stake in iShares MSCI India ETF by 1,073.3% in the 1st quarter. Jane Street Group LLC now owns 16,108,870 shares of the company’s stock worth $831,057,000 after purchasing an additional 14,735,874 shares in the last quarter. Granite Bay Wealth Management LLC lifted its stake in shares of iShares MSCI India ETF by 7,516.9% in the second quarter. Granite Bay Wealth Management LLC now owns 9,434,018 shares of the company’s stock worth $498,917,000 after buying an additional 9,310,161 shares in the last quarter. Bank of New York Mellon Corp grew its holdings in shares of iShares MSCI India ETF by 391.8% during the second quarter. Bank of New York Mellon Corp now owns 7,739,052 shares of the company’s stock valued at $431,684,000 after buying an additional 6,165,524 shares during the last quarter. OLD Mission Capital LLC purchased a new stake in shares of iShares MSCI India ETF during the fourth quarter valued at approximately $187,403,000. Finally, Varma Mutual Pension Insurance Co increased its position in shares of iShares MSCI India ETF by 386.7% during the second quarter. Varma Mutual Pension Insurance Co now owns 3,675,921 shares of the company’s stock valued at $205,043,000 after acquiring an additional 2,920,650 shares in the last quarter.

iShares MSCI India ETF Trading Down 0.3 %

INDA stock opened at $58.01 on Thursday. The stock’s 50 day simple moving average is $57.07 and its 200 day simple moving average is $54.73. iShares MSCI India ETF has a 12-month low of $30.57 and a 12-month high of $38.21. The stock has a market capitalization of $10.72 billion, a PE ratio of 28.95 and a beta of 0.51.

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.