Royal Bank of Canada lifted its stake in shares of iShares MSCI India ETF (BATS:INDA – Free Report) by 68.0% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,809,603 shares of the company’s stock after buying an additional 732,641 shares during the quarter. Royal Bank of Canada owned about 1.04% of iShares MSCI India ETF worth $84,763,000 at the end of the most recent reporting period.
Several other large investors have also modified their holdings of the stock. Ravenswood Partners LP purchased a new position in shares of iShares MSCI India ETF in the 3rd quarter valued at $27,000. CoreCap Advisors LLC lifted its position in iShares MSCI India ETF by 292.7% in the fourth quarter. CoreCap Advisors LLC now owns 538 shares of the company’s stock valued at $29,000 after acquiring an additional 401 shares during the last quarter. Assetmark Inc. lifted its position in iShares MSCI India ETF by 121.6% in the fourth quarter. Assetmark Inc. now owns 543 shares of the company’s stock valued at $29,000 after acquiring an additional 298 shares during the last quarter. Global Trust Asset Management LLC boosted its stake in iShares MSCI India ETF by 835.9% in the first quarter. Global Trust Asset Management LLC now owns 599 shares of the company’s stock valued at $28,000 after acquiring an additional 535 shares in the last quarter. Finally, Asset Dedication LLC purchased a new position in shares of iShares MSCI India ETF during the fourth quarter worth about $36,000.
iShares MSCI India ETF Stock Performance
Shares of INDA stock opened at $49.80 on Friday. The stock’s 50-day moving average is $48.78 and its two-hundred day moving average is $49.67. iShares MSCI India ETF has a 1 year low of $45.21 and a 1 year high of $55.50. The firm has a market cap of $8.65 billion, a price-to-earnings ratio of 25.20 and a beta of 0.48.
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.
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