Sumitomo Mitsui Trust Group Inc. Reduces Stock Holdings in iShares MSCI India ETF $INDA

Sumitomo Mitsui Trust Group Inc. lessened its holdings in shares of iShares MSCI India ETF (BATS:INDA) by 47.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 67,600 shares of the company’s stock after selling 60,711 shares during the period. Sumitomo Mitsui Trust Group Inc.’s holdings in iShares MSCI India ETF were worth $3,519,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in INDA. Centricity Wealth Management LLC acquired a new stake in iShares MSCI India ETF during the 2nd quarter worth about $31,000. WealthShield Partners LLC boosted its stake in shares of iShares MSCI India ETF by 278.7% in the second quarter. WealthShield Partners LLC now owns 693 shares of the company’s stock worth $39,000 after buying an additional 510 shares during the last quarter. Briaud Financial Planning Inc purchased a new stake in shares of iShares MSCI India ETF in the second quarter worth about $40,000. Twin Peaks Wealth Advisors LLC acquired a new stake in iShares MSCI India ETF during the second quarter worth about $40,000. Finally, Newbridge Financial Services Group Inc. raised its position in iShares MSCI India ETF by 54.9% during the second quarter. Newbridge Financial Services Group Inc. now owns 945 shares of the company’s stock valued at $53,000 after acquiring an additional 335 shares in the last quarter.

iShares MSCI India ETF Trading Up 3.7%

Shares of BATS:INDA opened at $52.83 on Monday. iShares MSCI India ETF has a 12-month low of $47.60 and a 12-month high of $59.49. The business has a 50 day moving average of $53.91 and a two-hundred day moving average of $53.66. The company has a market capitalization of $9.17 billion, a PE 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.