iShares MSCI India ETF $INDA Shares Sold by Bank of New York Mellon Corp

Bank of New York Mellon Corp lessened its stake in shares of iShares MSCI India ETF (BATS:INDA) by 85.8% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,212,627 shares of the company’s stock after selling 7,336,888 shares during the quarter. Bank of New York Mellon Corp owned about 0.70% of iShares MSCI India ETF worth $67,519,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of INDA. Modus Advisors LLC boosted its stake in iShares MSCI India ETF by 2.6% in the second quarter. Modus Advisors LLC now owns 7,887 shares of the company’s stock valued at $439,000 after acquiring an additional 199 shares in the last quarter. Harbour Investments Inc. lifted its holdings in shares of iShares MSCI India ETF by 12.1% in the 1st quarter. Harbour Investments Inc. now owns 1,859 shares of the company’s stock valued at $96,000 after purchasing an additional 200 shares during the last quarter. Endowment Wealth Management Inc. boosted its position in shares of iShares MSCI India ETF by 0.8% in the 1st quarter. Endowment Wealth Management Inc. now owns 29,221 shares of the company’s stock valued at $1,504,000 after purchasing an additional 237 shares during the period. Delos Wealth Advisors LLC grew its stake in iShares MSCI India ETF by 0.7% during the 1st quarter. Delos Wealth Advisors LLC now owns 42,226 shares of the company’s stock worth $2,174,000 after buying an additional 311 shares during the last quarter. Finally, JGP Wealth Management LLC grew its stake in iShares MSCI India ETF by 7.4% during the 2nd quarter. JGP Wealth Management LLC now owns 5,581 shares of the company’s stock worth $311,000 after buying an additional 385 shares during the last quarter.

iShares MSCI India ETF Trading Up 5.5%

Shares of BATS INDA opened at $53.76 on Monday. iShares MSCI India ETF has a twelve month low of $47.60 and a twelve month high of $59.49. The stock has a 50 day moving average of $53.38 and a two-hundred day moving average of $53.79. The stock has a market cap of $9.33 billion, a P/E ratio of 25.20 and a beta of 0.48.

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.