HM Payson & Co. Invests $26,000 in iShares MSCI India ETF (BATS:INDA)

HM Payson & Co. purchased a new stake in shares of iShares MSCI India ETF (BATS:INDA) in the fourth quarter, Holdings Channel.com reports. The fund purchased 487 shares of the company’s stock, valued at approximately $26,000.

Several other institutional investors have also recently bought and sold shares of the business. Kestra Investment Management LLC bought a new stake in shares of iShares MSCI India ETF during the fourth quarter worth $26,000. Creative Capital Management Investments LLC acquired a new position in iShares MSCI India ETF during the 4th quarter worth about $30,000. GAMMA Investing LLC bought a new stake in iShares MSCI India ETF during the 4th quarter worth about $39,000. Activest Wealth Management acquired a new stake in iShares MSCI India ETF in the 3rd quarter valued at about $40,000. Finally, Finley Financial LLC acquired a new position in shares of iShares MSCI India ETF during the fourth quarter worth approximately $41,000.

iShares MSCI India ETF Price Performance

INDA opened at $48.38 on Tuesday. The company’s 50 day simple moving average is $50.51 and its 200-day simple moving average is $54.00. iShares MSCI India ETF has a one year low of $47.60 and a one year high of $59.49. The stock has a market capitalization of $8.24 billion, a P/E ratio of 23.24 and a beta of 0.75.

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.