GenTrust LLC trimmed its stake in shares of iShares MSCI India ETF (BATS:INDA – Free Report) by 49.0% during the fourth quarter, Holdings Channel reports. The institutional investor owned 8,670 shares of the company’s stock after selling 8,330 shares during the period. GenTrust LLC’s holdings in iShares MSCI India ETF were worth $456,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently made changes to their positions in INDA. Bank of New York Mellon Corp raised its holdings in shares of iShares MSCI India ETF by 2.8% in the 4th quarter. Bank of New York Mellon Corp now owns 8,257,248 shares of the company’s stock worth $434,662,000 after purchasing an additional 228,036 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in shares of iShares MSCI India ETF in the 3rd quarter worth approximately $175,931,000. BNP Paribas Financial Markets raised its holdings in shares of iShares MSCI India ETF by 59.8% in the 3rd quarter. BNP Paribas Financial Markets now owns 2,459,410 shares of the company’s stock worth $143,949,000 after purchasing an additional 920,819 shares in the last quarter. Millburn Ridgefield Corp raised its holdings in shares of iShares MSCI India ETF by 9.7% in the 4th quarter. Millburn Ridgefield Corp now owns 2,227,206 shares of the company’s stock worth $117,240,000 after purchasing an additional 196,903 shares in the last quarter. Finally, LPL Financial LLC raised its holdings in shares of iShares MSCI India ETF by 11.3% in the 3rd quarter. LPL Financial LLC now owns 1,846,865 shares of the company’s stock worth $108,097,000 after purchasing an additional 187,940 shares in the last quarter.
iShares MSCI India ETF Price Performance
BATS INDA opened at $49.04 on Thursday. The company’s 50 day simple moving average is $51.30 and its 200 day simple moving average is $54.45. iShares MSCI India ETF has a 12 month low of $30.57 and a 12 month high of $38.21. The company has a market capitalization of $8.35 billion, a P/E ratio of 23.24 and a beta of 0.75.
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.
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