OVERSEA CHINESE BANKING Corp Ltd Sells 11,799 Shares of iShares MSCI India ETF $INDA

OVERSEA CHINESE BANKING Corp Ltd lowered its stake in shares of iShares MSCI India ETF (BATS:INDA) by 11.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 87,637 shares of the company’s stock after selling 11,799 shares during the quarter. OVERSEA CHINESE BANKING Corp Ltd owned about 0.05% of iShares MSCI India ETF worth $4,878,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Ramirez Asset Management Inc. bought a new position in iShares MSCI India ETF during the first quarter worth $26,000. Centricity Wealth Management LLC bought a new position in iShares MSCI India ETF during the second quarter worth $31,000. Redwood Park Advisors LLC bought a new position in iShares MSCI India ETF during the first quarter worth $38,000. Briaud Financial Planning Inc bought a new position in iShares MSCI India ETF during the second quarter worth $40,000. Finally, MCF Advisors LLC increased its position in iShares MSCI India ETF by 460.7% during the first quarter. MCF Advisors LLC now owns 914 shares of the company’s stock worth $47,000 after acquiring an additional 751 shares during the period.

iShares MSCI India ETF Trading Up 7.0%

Shares of INDA stock opened at $54.51 on Monday. The firm has a market capitalization of $9.46 billion, a P/E ratio of 25.20 and a beta of 0.48. The firm’s fifty day simple moving average is $53.16 and its 200 day simple moving average is $53.60. iShares MSCI India ETF has a 1 year low of $47.60 and a 1 year high of $59.49.

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.