Barrow Hanley Mewhinney & Strauss LLC Sells 16,688 Shares of iShares MSCI India ETF $INDA

Barrow Hanley Mewhinney & Strauss LLC lessened its holdings in shares of iShares MSCI India ETF (BATS:INDA) by 1.5% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,096,480 shares of the company’s stock after selling 16,688 shares during the quarter. Barrow Hanley Mewhinney & Strauss LLC owned about 0.63% of iShares MSCI India ETF worth $57,083,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. MYDA Advisors LLC purchased a new stake in shares of iShares MSCI India ETF in the first quarter worth about $1,030,000. Envestnet Asset Management Inc. increased its holdings in iShares MSCI India ETF by 20.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 133,052 shares of the company’s stock worth $7,408,000 after acquiring an additional 22,938 shares during the period. Wedbush Securities Inc. lifted its stake in iShares MSCI India ETF by 3.1% in the 2nd quarter. Wedbush Securities Inc. now owns 10,020 shares of the company’s stock worth $558,000 after purchasing an additional 305 shares in the last quarter. Prospera Financial Services Inc purchased a new stake in iShares MSCI India ETF in the 2nd quarter worth approximately $1,255,000. Finally, Rathbones Group PLC boosted its holdings in iShares MSCI India ETF by 1.3% in the 2nd quarter. Rathbones Group PLC now owns 15,248 shares of the company’s stock valued at $849,000 after purchasing an additional 200 shares during the period.

iShares MSCI India ETF Stock Performance

Shares of INDA stock opened at $49.93 on Wednesday. iShares MSCI India ETF has a 52-week low of $48.35 and a 52-week high of $56.01. The company has a market capitalization of $8.67 billion, a PE ratio of 25.20 and a beta of 0.48. The business’s fifty day moving average is $52.55 and its 200 day moving average is $53.22.

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.