Commonwealth Equity Services LLC Has $6.96 Million Stock Position in iShares MSCI India ETF $INDA

Commonwealth Equity Services LLC reduced its holdings in shares of iShares MSCI India ETF (BATS:INDA) by 18.5% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 133,693 shares of the company’s stock after selling 30,403 shares during the quarter. Commonwealth Equity Services LLC owned approximately 0.08% of iShares MSCI India ETF worth $6,960,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. State of New Jersey Common Pension Fund D boosted its holdings in shares of iShares MSCI India ETF by 2,067.3% during the second quarter. State of New Jersey Common Pension Fund D now owns 6,929,746 shares of the company’s stock worth $385,848,000 after acquiring an additional 6,610,000 shares during the period. JPMorgan Chase & Co. boosted its position in shares of iShares MSCI India ETF by 97.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 7,518,409 shares of the company’s stock worth $418,625,000 after acquiring an additional 3,702,760 shares in the last quarter. Vontobel Holding Ltd. increased its stake in shares of iShares MSCI India ETF by 2,347.1% in the 2nd quarter. Vontobel Holding Ltd. now owns 2,771,778 shares of the company’s stock valued at $154,166,000 after purchasing an additional 2,658,509 shares during the last quarter. Man Group plc grew its position in iShares MSCI India ETF by 96.0% in the second 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 last quarter. Finally, IFM Investors Pty Ltd bought a new position in shares of iShares MSCI India ETF in the third quarter worth about $93,034,000.

iShares MSCI India ETF Trading Up 4.1%

Shares of iShares MSCI India ETF stock opened at $53.02 on Wednesday. The firm’s 50 day moving average is $53.96 and its 200 day moving average is $53.72. The firm has a market capitalization of $9.21 billion, a PE ratio of 25.20 and a beta of 0.48. iShares MSCI India ETF has a 1 year low of $47.60 and a 1 year high of $59.49.

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.