Raab & Moskowitz Asset Management LLC Sells 859 Shares of iShares MSCI India ETF (BATS:INDA)

Raab & Moskowitz Asset Management LLC lessened its holdings in shares of iShares MSCI India ETF (BATS:INDA) by 4.9% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 16,738 shares of the company’s stock after selling 859 shares during the period. Raab & Moskowitz Asset Management LLC’s holdings in iShares MSCI India ETF were worth $980,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Cetera Investment Advisers acquired a new stake in iShares MSCI India ETF in the 1st quarter worth $2,037,000. Cetera Advisors LLC bought a new position in iShares MSCI India ETF during the first quarter valued at about $594,000. Ameliora Wealth Management Ltd. increased its stake in iShares MSCI India ETF by 120.2% during the second quarter. Ameliora Wealth Management Ltd. now owns 86,290 shares of the company’s stock valued at $4,813,000 after acquiring an additional 47,104 shares during the period. Wealth Enhancement Advisory Services LLC raised its holdings in iShares MSCI India ETF by 59.3% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 38,152 shares of the company’s stock valued at $2,128,000 after acquiring an additional 14,206 shares in the last quarter. Finally, ORG Partners LLC bought a new stake in shares of iShares MSCI India ETF in the 2nd quarter worth approximately $171,000.

iShares MSCI India ETF Trading Down 0.2 %

INDA opened at $55.67 on Monday. The stock’s 50 day simple moving average is $55.42 and its 200-day simple moving average is $55.91. The stock has a market cap of $10.29 billion, a PE ratio of 28.95 and a beta of 0.51. iShares MSCI India ETF has a 1 year low of $30.57 and a 1 year high of $38.21.

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.