Temasek Holdings Private Ltd Buys New Holdings in iShares MSCI India ETF (BATS:INDA)

Temasek Holdings Private Ltd purchased a new position in shares of iShares MSCI India ETF (BATS:INDA) during the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 681,508 shares of the company’s stock, valued at approximately $35,875,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Kestra Investment Management LLC acquired a new stake in iShares MSCI India ETF in the 4th quarter valued at $26,000. HM Payson & Co. bought a new position in shares of iShares MSCI India ETF during the fourth quarter valued at $26,000. Creative Capital Management Investments LLC acquired a new stake in shares of iShares MSCI India ETF in the 4th quarter valued at $30,000. Finley Financial LLC bought a new stake in shares of iShares MSCI India ETF in the 4th quarter worth about $41,000. Finally, Mascoma Wealth Management LLC acquired a new stake in shares of iShares MSCI India ETF during the 4th quarter worth about $47,000.

iShares MSCI India ETF Trading Up 7.3%

Shares of iShares MSCI India ETF stock opened at $54.66 on Friday. iShares MSCI India ETF has a 1-year low of $47.60 and a 1-year high of $59.49. The firm’s 50-day moving average price is $51.82 and its two-hundred day moving average price is $52.16. The stock has a market capitalization of $9.26 billion, a price-to-earnings ratio of 22.81 and a beta of 0.49.

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.