iShares MSCI India ETF $INDA Shares Purchased by Bank of New York Mellon Corp

Bank of New York Mellon Corp increased its stake in shares of iShares MSCI India ETF (BATS:INDA) by 4.0% during the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,524,563 shares of the company’s stock after buying an additional 58,258 shares during the quarter. Bank of New York Mellon Corp owned about 0.88% of iShares MSCI India ETF worth $71,411,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Alliancebernstein L.P. purchased a new position in iShares MSCI India ETF during the third quarter worth about $120,217,000. The Manufacturers Life Insurance Company purchased a new stake in shares of iShares MSCI India ETF in the 4th quarter valued at approximately $102,238,000. Man Group plc increased its holdings in shares of iShares MSCI India ETF by 96.0% during 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. USS Investment Management Ltd purchased a new stake in shares of iShares MSCI India ETF during the 4th quarter valued at approximately $70,848,000. Finally, Northwestern Mutual Wealth Management Co. raised its position in shares of iShares MSCI India ETF by 643.5% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,064,351 shares of the company’s stock valued at $55,342,000 after buying an additional 921,201 shares during the period.

iShares MSCI India ETF Stock Performance

INDA opened at $48.22 on Thursday. The stock has a market capitalization of $8.37 billion, a PE ratio of 25.20 and a beta of 0.48. iShares MSCI India ETF has a one year low of $45.21 and a one year high of $55.50. The business’s 50 day moving average price is $48.65 and its 200 day moving average price is $49.89.

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.