Bessemer Group Inc. Has $396,000 Holdings in iShares MSCI India ETF $INDA

Bessemer Group Inc. lessened its stake in shares of iShares MSCI India ETF (BATS:INDA) by 99.0% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 8,457 shares of the company’s stock after selling 872,613 shares during the quarter. Bessemer Group Inc.’s holdings in iShares MSCI India ETF were worth $396,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in INDA. Alliancebernstein L.P. bought a new stake in iShares MSCI India ETF during the third quarter worth approximately $120,217,000. The Manufacturers Life Insurance Company acquired a new position in iShares MSCI India ETF during the fourth quarter valued at approximately $102,238,000. Man Group plc raised its position in shares of iShares MSCI India ETF by 96.0% in the second quarter. Man Group plc now owns 3,755,500 shares of the company’s stock valued at $209,106,000 after purchasing an additional 1,839,360 shares during the period. USS Investment Management Ltd bought a new position in shares of iShares MSCI India ETF in the fourth quarter valued at approximately $70,848,000. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in shares of iShares MSCI India ETF by 643.5% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,064,351 shares of the company’s stock worth $55,342,000 after buying an additional 921,201 shares during the last quarter.

iShares MSCI India ETF Trading Up 0.8%

Shares of iShares MSCI India ETF stock opened at $48.02 on Friday. The firm has a fifty day simple moving average of $48.64 and a 200-day simple moving average of $49.83. The stock has a market capitalization of $8.34 billion, a price-to-earnings ratio of 25.20 and a beta of 0.48. iShares MSCI India ETF has a 1-year low of $45.21 and a 1-year high of $55.50.

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.