NewEdge Advisors LLC cut its position in shares of iShares MSCI India ETF (BATS:INDA – Free Report) by 56.8% in the 1st quarter, HoldingsChannel.com reports. The fund owned 12,738 shares of the company’s stock after selling 16,756 shares during the period. NewEdge Advisors LLC’s holdings in iShares MSCI India ETF were worth $597,000 at the end of the most recent quarter.
Several other hedge funds have also recently bought and sold shares of INDA. Alliancebernstein L.P. acquired a new position in iShares MSCI India ETF during the third quarter valued at approximately $120,217,000. The Manufacturers Life Insurance Company purchased a new position in shares of iShares MSCI India ETF in the 4th quarter valued at $102,238,000. Man Group plc raised its stake in shares of iShares MSCI India ETF by 96.0% in the 2nd quarter. Man Group plc now owns 3,755,500 shares of the company’s stock valued at $209,106,000 after acquiring an additional 1,839,360 shares during the period. USS Investment Management Ltd acquired a new position in shares of iShares MSCI India ETF during the 4th quarter valued at $70,848,000. Finally, Northwestern Mutual Wealth Management Co. boosted its position in iShares MSCI India ETF by 643.5% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,064,351 shares of the company’s stock worth $55,342,000 after purchasing an additional 921,201 shares during the period.
iShares MSCI India ETF Trading Up 0.0%
Shares of BATS INDA opened at $49.55 on Friday. The stock has a fifty day moving average price of $49.35 and a 200 day moving average price of $49.44. iShares MSCI India ETF has a 12-month low of $45.21 and a 12-month high of $55.50. The company has a market cap of $8.60 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.
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Want to see what other hedge funds are holding INDA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI India ETF (BATS:INDA – Free Report).
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