Scotia Capital Inc. Increases Position in iShares MSCI India ETF (BATS:INDA)

Scotia Capital Inc. increased its holdings in iShares MSCI India ETF (BATS:INDA) by 5.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 39,378 shares of the company’s stock after acquiring an additional 2,176 shares during the period. Scotia Capital Inc.’s holdings in iShares MSCI India ETF were worth $2,073,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Bank of New York Mellon Corp grew its stake in iShares MSCI India ETF by 2.8% in the 4th quarter. Bank of New York Mellon Corp now owns 8,257,248 shares of the company’s stock valued at $434,662,000 after purchasing an additional 228,036 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of iShares MSCI India ETF by 79.0% in the 4th quarter. JPMorgan Chase & Co. now owns 6,639,889 shares of the company’s stock worth $349,524,000 after buying an additional 2,929,690 shares during the last quarter. Legal & General Group Plc bought a new position in iShares MSCI India ETF during the fourth quarter valued at about $267,441,000. Geode Capital Management LLC increased its holdings in iShares MSCI India ETF by 3,324.0% during the fourth quarter. Geode Capital Management LLC now owns 3,544,572 shares of the company’s stock worth $186,586,000 after buying an additional 3,441,050 shares during the last quarter. Finally, FMR LLC raised its position in iShares MSCI India ETF by 887.5% in the fourth quarter. FMR LLC now owns 3,285,421 shares of the company’s stock worth $172,945,000 after acquiring an additional 2,952,718 shares during the period.

iShares MSCI India ETF Stock Down 0.4 %

iShares MSCI India ETF stock opened at $50.75 on Friday. The firm has a 50 day moving average price of $49.94 and a 200-day moving average price of $52.83. iShares MSCI India ETF has a twelve month low of $47.60 and a twelve month high of $59.49. The company has a market capitalization of $8.73 billion, a P/E ratio of 23.59 and a beta of 0.54.

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.