Pictet Asset Management Holding SA Cuts Stock Holdings in iShares MSCI India ETF (BATS:INDA)

Pictet Asset Management Holding SA lessened its position in iShares MSCI India ETF (BATS:INDA) by 8.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 49,307 shares of the company’s stock after selling 4,284 shares during the quarter. Pictet Asset Management Holding SA’s holdings in iShares MSCI India ETF were worth $2,599,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. Kestra Investment Management LLC purchased a new position in iShares MSCI India ETF in the 4th quarter valued at $26,000. HM Payson & Co. acquired a new stake in shares of iShares MSCI India ETF in the fourth quarter valued at about $26,000. Creative Capital Management Investments LLC purchased a new position in shares of iShares MSCI India ETF in the fourth quarter worth about $30,000. GAMMA Investing LLC acquired a new position in iShares MSCI India ETF during the fourth quarter worth about $39,000. Finally, Finley Financial LLC purchased a new stake in iShares MSCI India ETF during the 4th quarter valued at about $41,000.

iShares MSCI India ETF Price Performance

The stock has a market cap of $9.47 billion, a price-to-earnings ratio of 23.59 and a beta of 0.54. The business has a fifty day simple moving average of $50.03 and a 200 day simple moving average of $53.15. iShares MSCI India ETF has a 12 month low of $47.60 and a 12 month high of $59.49.

iShares MSCI India ETF Company 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.