Bank of New York Mellon Corp Purchases 228,036 Shares of iShares MSCI India ETF (BATS:INDA)

Bank of New York Mellon Corp grew its position in shares of iShares MSCI India ETF (BATS:INDA) by 2.8% during the fourth quarter, HoldingsChannel.com reports. The firm owned 8,257,248 shares of the company’s stock after purchasing an additional 228,036 shares during the period. Bank of New York Mellon Corp’s holdings in iShares MSCI India ETF were worth $434,662,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in INDA. 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 third quarter worth $175,931,000. BNP Paribas Financial Markets grew its position 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 valued at $143,949,000 after buying an additional 920,819 shares during the last quarter. Millburn Ridgefield Corp increased its stake in shares of iShares MSCI India ETF by 9.7% in the fourth quarter. Millburn Ridgefield Corp now owns 2,227,206 shares of the company’s stock valued at $117,240,000 after buying an additional 196,903 shares during the period. LPL Financial LLC raised its position in shares of iShares MSCI India ETF by 11.3% during the third quarter. LPL Financial LLC now owns 1,846,865 shares of the company’s stock worth $108,097,000 after acquiring an additional 187,940 shares during the last quarter. Finally, State Street Corp lifted its stake in shares of iShares MSCI India ETF by 5.6% in the third quarter. State Street Corp now owns 1,596,796 shares of the company’s stock worth $93,460,000 after acquiring an additional 84,250 shares during the period.

iShares MSCI India ETF Price Performance

Shares of INDA stock opened at $49.04 on Thursday. The stock has a market capitalization of $8.35 billion, a PE ratio of 23.24 and a beta of 0.75. The business’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 one year low of $30.57 and a one year high of $38.21.

iShares MSCI India ETF Company 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.