Aberdeen Group plc Trims Holdings in iShares MSCI India ETF $INDA

Aberdeen Group plc lessened its holdings in shares of iShares MSCI India ETF (BATS:INDA) by 65.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 22,004 shares of the company’s stock after selling 41,418 shares during the period. Aberdeen Group plc’s holdings in iShares MSCI India ETF were worth $1,189,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in INDA. Alliancebernstein L.P. purchased a new position in shares of iShares MSCI India ETF during the 3rd quarter worth approximately $120,217,000. Man Group plc grew its stake in shares of iShares MSCI India ETF by 96.0% in the 2nd quarter. Man Group plc now owns 3,755,500 shares of the company’s stock worth $209,106,000 after buying an additional 1,839,360 shares during the last quarter. IFM Investors Pty Ltd purchased a new stake in shares of iShares MSCI India ETF in the 3rd quarter worth approximately $93,034,000. Phoenix Financial Ltd. grew its stake in shares of iShares MSCI India ETF by 1,612.7% in the 3rd quarter. Phoenix Financial Ltd. now owns 1,002,462 shares of the company’s stock worth $52,188,000 after buying an additional 943,931 shares during the last quarter. Finally, Causeway Capital Management LLC grew its stake in shares of iShares MSCI India ETF by 385.2% in the 3rd quarter. Causeway Capital Management LLC now owns 1,054,005 shares of the company’s stock worth $54,872,000 after buying an additional 836,765 shares during the last quarter.

iShares MSCI India ETF Trading Down 0.4%

Shares of INDA opened at $49.07 on Friday. The business’s fifty day simple moving average is $50.16 and its two-hundred day simple moving average is $52.38. iShares MSCI India ETF has a 12 month low of $45.21 and a 12 month high of $56.01. The company has a market cap of $8.52 billion, a price-to-earnings ratio of 25.20 and a beta of 0.48.

iShares MSCI India ETF 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.