Northern Trust Corp Grows Stock Holdings in iShares MSCI India ETF (BATS:INDA)

Northern Trust Corp raised its stake in shares of iShares MSCI India ETF (BATS:INDA) by 29.9% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 7,182,960 shares of the company’s stock after acquiring an additional 1,651,774 shares during the period. Northern Trust Corp’s holdings in iShares MSCI India ETF were worth $378,111,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Kestra Investment Management LLC purchased a new stake in shares of iShares MSCI India ETF during the fourth quarter worth approximately $26,000. HM Payson & Co. acquired a new position in iShares MSCI India ETF in the 4th quarter valued at $26,000. Creative Capital Management Investments LLC purchased a new position in iShares MSCI India ETF during the 4th quarter worth $30,000. GAMMA Investing LLC acquired a new stake in shares of iShares MSCI India ETF in the 4th quarter worth $39,000. Finally, Finley Financial LLC purchased a new stake in shares of iShares MSCI India ETF in the fourth quarter valued at about $41,000.

iShares MSCI India ETF Stock Up 5.0 %

Shares of iShares MSCI India ETF stock opened at $53.50 on Wednesday. The firm has a market cap of $9.07 billion, a price-to-earnings ratio of 21.92 and a beta of 0.54. iShares MSCI India ETF has a 52-week low of $47.60 and a 52-week high of $59.49. The company’s 50-day simple moving average is $50.52 and its 200-day simple moving average is $52.35.

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.