Sumitomo Mitsui Trust Group Inc. Sells 26,841 Shares of iShares MSCI India ETF $INDA

Sumitomo Mitsui Trust Group Inc. decreased its stake in shares of iShares MSCI India ETF (BATS:INDA) by 39.7% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 40,759 shares of the company’s stock after selling 26,841 shares during the quarter. Sumitomo Mitsui Trust Group Inc.’s holdings in iShares MSCI India ETF were worth $2,203,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Man Group plc increased its holdings in shares of iShares MSCI India ETF by 17.8% during 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. Vontobel Holding Ltd. increased its holdings in shares of iShares MSCI India ETF by 0.3% during the 3rd quarter. Vontobel Holding Ltd. now owns 2,780,668 shares of the company’s stock worth $144,762,000 after purchasing an additional 8,890 shares during the period. Alliancebernstein L.P. bought a new position in shares of iShares MSCI India ETF during the 3rd quarter worth about $120,217,000. IFM Investors Pty Ltd bought a new position in shares of iShares MSCI India ETF during the 3rd quarter worth about $93,034,000. Finally, Causeway Capital Management LLC increased its holdings in shares of iShares MSCI India ETF by 385.2% during the 3rd quarter. Causeway Capital Management LLC now owns 1,054,005 shares of the company’s stock worth $54,872,000 after purchasing an additional 836,765 shares during the period.

iShares MSCI India ETF Stock Performance

BATS:INDA opened at $51.28 on Friday. The company has a market cap of $8.90 billion, a price-to-earnings ratio of 25.20 and a beta of 0.48. The firm’s 50-day moving average is $49.80 and its 200-day moving average is $52.26. iShares MSCI India ETF has a 52-week low of $45.21 and a 52-week high of $56.01.

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.