Congress Park Capital LLC Makes New Investment in iShares MSCI India ETF $INDA

Congress Park Capital LLC purchased a new stake in shares of iShares MSCI India ETF (BATS:INDA) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 31,425 shares of the company’s stock, valued at approximately $1,699,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Man Group plc lifted its stake in shares of iShares MSCI India ETF by 17.8% in the 3rd quarter. Man Group plc now owns 4,424,910 shares of the company’s stock worth $230,361,000 after purchasing an additional 669,410 shares during the period. Arrowstreet Capital Limited Partnership boosted its holdings in shares of iShares MSCI India ETF by 10.7% in the second quarter. Arrowstreet Capital Limited Partnership now owns 4,215,575 shares of the company’s stock worth $234,723,000 after buying an additional 406,176 shares during the last quarter. Vontobel Holding Ltd. grew its position in iShares MSCI India ETF by 0.3% during the third quarter. Vontobel Holding Ltd. now owns 2,780,668 shares of the company’s stock valued at $144,762,000 after buying an additional 8,890 shares during the period. Alliancebernstein L.P. bought a new stake in iShares MSCI India ETF during the third quarter valued at approximately $120,217,000. Finally, IFM Investors Pty Ltd purchased a new stake in iShares MSCI India ETF during the third quarter valued at approximately $93,034,000.

iShares MSCI India ETF Stock Performance

INDA opened at $45.82 on Monday. iShares MSCI India ETF has a 1-year low of $45.71 and a 1-year high of $56.01. The company has a market capitalization of $7.96 billion, a PE ratio of 25.20 and a beta of 0.48. The firm’s 50 day simple moving average is $50.97 and its two-hundred day simple moving average is $52.76.

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.