iShares MSCI India ETF (BATS:INDA) Shares Bought by Franklin Resources Inc.

Franklin Resources Inc. raised its holdings in shares of iShares MSCI India ETF (BATS:INDA) by 5.3% during the fourth quarter, HoldingsChannel.com reports. The firm owned 1,792,273 shares of the company’s stock after buying an additional 90,416 shares during the period. Franklin Resources Inc.’s holdings in iShares MSCI India ETF were worth $94,345,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in INDA. Bank of New York Mellon Corp grew its stake in iShares MSCI India ETF by 2.8% during 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 buying an additional 228,036 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in iShares MSCI India ETF by 79.0% in the fourth quarter. JPMorgan Chase & Co. now owns 6,639,889 shares of the company’s stock worth $349,524,000 after acquiring an additional 2,929,690 shares in the last quarter. Millburn Ridgefield Corp grew its stake in shares of iShares MSCI India ETF by 9.7% during the fourth quarter. Millburn Ridgefield Corp now owns 2,227,206 shares of the company’s stock worth $117,240,000 after acquiring an additional 196,903 shares during the last quarter. Raymond James Financial Inc. acquired a new position in shares of iShares MSCI India ETF during the fourth quarter valued at about $95,602,000. Finally, Nipun Capital L.P. raised its position in shares of iShares MSCI India ETF by 1.2% in the 4th quarter. Nipun Capital L.P. now owns 1,613,345 shares of the company’s stock valued at $84,926,000 after purchasing an additional 19,000 shares during the last quarter.

iShares MSCI India ETF Trading Up 1.3 %

BATS:INDA opened at $51.58 on Thursday. iShares MSCI India ETF has a twelve month low of $47.60 and a twelve month high of $59.49. The company has a market cap of $8.88 billion, a PE ratio of 23.59 and a beta of 0.54. The company’s 50 day moving average is $50.06 and its two-hundred day moving average is $53.23.

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.