Sumitomo Mitsui Trust Holdings Inc. Increases Stake in iShares MSCI India ETF (BATS:INDA)

Sumitomo Mitsui Trust Holdings Inc. raised its stake in shares of iShares MSCI India ETF (BATS:INDA) by 13.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 61,132 shares of the company’s stock after buying an additional 7,082 shares during the quarter. Sumitomo Mitsui Trust Holdings Inc.’s holdings in iShares MSCI India ETF were worth $2,984,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. Deutsche Bank AG grew its holdings in iShares MSCI India ETF by 0.5% during the 3rd quarter. Deutsche Bank AG now owns 2,288,215 shares of the company’s stock valued at $101,185,000 after buying an additional 12,500 shares in the last quarter. HighTower Advisors LLC bought a new position in shares of iShares MSCI India ETF during the 3rd quarter valued at approximately $608,000. Envestnet Asset Management Inc. boosted its position in shares of iShares MSCI India ETF by 35.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 87,259 shares of the company’s stock valued at $3,859,000 after acquiring an additional 22,601 shares during the last quarter. Sunbelt Securities Inc. boosted its position in shares of iShares MSCI India ETF by 45,512.0% during the 3rd quarter. Sunbelt Securities Inc. now owns 11,403 shares of the company’s stock valued at $504,000 after acquiring an additional 11,378 shares during the last quarter. Finally, Harel Insurance Investments & Financial Services Ltd. boosted its position in shares of iShares MSCI India ETF by 10.4% during the 3rd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 5,855 shares of the company’s stock valued at $259,000 after acquiring an additional 550 shares during the last quarter.

iShares MSCI India ETF Stock Performance

BATS INDA opened at $52.01 on Thursday. The company has a market capitalization of $9.49 billion, a P/E ratio of 28.58 and a beta of 0.51. iShares MSCI India ETF has a one year low of $30.57 and a one year high of $38.21. The stock has a 50 day moving average price of $51.41 and a 200-day moving average price of $48.56.

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.