iShares MSCI India ETF $INDA Shares Sold by Citigroup Inc.

Citigroup Inc. lessened its holdings in iShares MSCI India ETF (BATS:INDA) by 48.3% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 727,016 shares of the company’s stock after selling 680,149 shares during the period. Citigroup Inc. owned about 0.42% of iShares MSCI India ETF worth $37,848,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Atlantic Union Bankshares Corp acquired a new stake in iShares MSCI India ETF in the 3rd quarter valued at $25,000. WealthShield Partners LLC boosted its position 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 period. Twin Peaks Wealth Advisors LLC purchased a new stake in shares of iShares MSCI India ETF in the second quarter worth about $40,000. Newbridge Financial Services Group Inc. grew its stake in shares of iShares MSCI India ETF by 54.9% in the second quarter. Newbridge Financial Services Group Inc. now owns 945 shares of the company’s stock valued at $53,000 after buying an additional 335 shares in the last quarter. Finally, Bradley & Co. Private Wealth Management LLC purchased a new stake in shares of iShares MSCI India ETF during the 2nd quarter valued at about $53,000.

iShares MSCI India ETF Stock Performance

iShares MSCI India ETF stock opened at $52.67 on Wednesday. The firm has a market capitalization of $9.15 billion, a PE ratio of 25.20 and a beta of 0.48. iShares MSCI India ETF has a one year low of $47.60 and a one year high of $56.01. The stock’s 50 day moving average price is $53.13 and its 200 day moving average price is $53.37.

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.