Lmcg Investments LLC raised its holdings in iShares MSCI India ETF (BATS:INDA – Free Report) by 76.7% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 71,236 shares of the company’s stock after buying an additional 30,929 shares during the quarter. Lmcg Investments LLC’s holdings in iShares MSCI India ETF were worth $3,966,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in INDA. Bank of New York Mellon Corp lifted its position in shares of iShares MSCI India ETF by 3.5% in the 1st quarter. Bank of New York Mellon Corp now owns 8,549,515 shares of the company’s stock worth $440,129,000 after acquiring an additional 292,267 shares during the period. Teacher Retirement System of Texas bought a new stake in shares of iShares MSCI India ETF in the 1st quarter worth approximately $293,002,000. Vontobel Holding Ltd. lifted its position in shares of iShares MSCI India ETF by 2,347.1% in the 2nd quarter. Vontobel Holding Ltd. now owns 2,771,778 shares of the company’s stock worth $154,166,000 after acquiring an additional 2,658,509 shares during the period. OVERSEA CHINESE BANKING Corp Ltd lifted its position in shares of iShares MSCI India ETF by 1,506.5% in the 1st quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 1,226,150 shares of the company’s stock worth $63,122,000 after acquiring an additional 1,149,825 shares during the period. Finally, Ameriprise Financial Inc. lifted its position in shares of iShares MSCI India ETF by 28.9% in the 1st quarter. Ameriprise Financial Inc. now owns 1,108,056 shares of the company’s stock worth $57,060,000 after acquiring an additional 248,312 shares during the period.
iShares MSCI India ETF Trading Up 3.6%
Shares of INDA stock opened at $52.76 on Friday. The stock has a 50 day moving average of $52.81 and a two-hundred day moving average of $53.30. iShares MSCI India ETF has a 12 month low of $47.60 and a 12 month high of $59.49. The company has a market capitalization of $9.16 billion, a P/E ratio of 25.20 and a beta of 0.48.
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.
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