M&T Bank Corp Buys 241,592 Shares of iShares MSCI India ETF $INDA

M&T Bank Corp grew its stake in shares of iShares MSCI India ETF (BATS:INDA) by 6,044.3% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 245,589 shares of the company’s stock after buying an additional 241,592 shares during the quarter. M&T Bank Corp owned approximately 0.14% of iShares MSCI India ETF worth $13,274,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of INDA. MYDA Advisors LLC bought a new stake in shares of iShares MSCI India ETF during the first quarter worth $1,030,000. Invesco Ltd. boosted its stake in shares of iShares MSCI India ETF by 7.0% during the second quarter. Invesco Ltd. now owns 583,029 shares of the company’s stock valued at $32,463,000 after purchasing an additional 38,190 shares in the last quarter. Baird Financial Group Inc. acquired a new stake in shares of iShares MSCI India ETF during the second quarter valued at about $350,000. Cerity Partners LLC boosted its stake in shares of iShares MSCI India ETF by 29.7% during the second quarter. Cerity Partners LLC now owns 81,113 shares of the company’s stock valued at $4,516,000 after purchasing an additional 18,593 shares in the last quarter. Finally, Qube Research & Technologies Ltd acquired a new stake in shares of iShares MSCI India ETF during the second quarter valued at about $354,000.

iShares MSCI India ETF Trading Down 1.1%

Shares of INDA stock opened at $49.41 on Friday. The business’s 50-day moving average price is $49.52 and its 200-day moving average price is $52.19. iShares MSCI India ETF has a 12 month low of $45.21 and a 12 month high of $56.01. The firm has a market capitalization of $8.58 billion, a price-to-earnings ratio of 25.20 and a beta of 0.48.

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.