Tradewinds Capital Management LLC Lowers Holdings in iShares MSCI India ETF (BATS:INDA)

Tradewinds Capital Management LLC trimmed its holdings in iShares MSCI India ETF (BATS:INDA) by 97.2% during the 4th quarter, Holdings Channel.com reports. The firm owned 13,833 shares of the company’s stock after selling 487,488 shares during the period. Tradewinds Capital Management LLC’s holdings in iShares MSCI India ETF were worth $728,000 as of its most recent filing with the SEC.

Several other hedge funds also recently added to or reduced their stakes in INDA. Silver Oak Securities Incorporated purchased a new stake in shares of iShares MSCI India ETF in the third quarter worth about $1,327,000. CWC Advisors LLC. purchased a new stake in iShares MSCI India ETF in the 3rd quarter worth approximately $359,000. J.W. Cole Advisors Inc. boosted its position in iShares MSCI India ETF by 33.0% in the 3rd quarter. J.W. Cole Advisors Inc. now owns 14,963 shares of the company’s stock worth $876,000 after purchasing an additional 3,714 shares in the last quarter. Kercheville Advisors LLC boosted its position in iShares MSCI India ETF by 9.1% in the 3rd quarter. Kercheville Advisors LLC now owns 12,000 shares of the company’s stock worth $702,000 after purchasing an additional 1,000 shares in the last quarter. Finally, Sun Life Financial Inc. boosted its position in iShares MSCI India ETF by 3.0% in the 3rd quarter. Sun Life Financial Inc. now owns 351,300 shares of the company’s stock worth $20,562,000 after purchasing an additional 10,200 shares in the last quarter.

iShares MSCI India ETF Stock Performance

Shares of BATS INDA opened at $49.29 on Friday. The company’s fifty day moving average price is $51.64 and its 200 day moving average price is $54.59. iShares MSCI India ETF has a 1 year low of $30.57 and a 1 year high of $38.21. The company has a market capitalization of $9.11 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.