iShares MSCI India ETF $INDA Shares Sold by Franklin Resources Inc.

Franklin Resources Inc. trimmed its position in shares of iShares MSCI India ETF (BATS:INDA) by 6.7% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,575,032 shares of the company’s stock after selling 113,220 shares during the period. Franklin Resources Inc. owned about 0.91% of iShares MSCI India ETF worth $87,698,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in the company. Ramirez Asset Management Inc. purchased a new stake in shares of iShares MSCI India ETF in the 1st quarter valued at approximately $26,000. Centricity Wealth Management LLC acquired a new position in shares of iShares MSCI India ETF during the second quarter worth $31,000. WealthShield Partners LLC increased its holdings in iShares MSCI India ETF by 278.7% in the second quarter. WealthShield Partners LLC now owns 693 shares of the company’s stock valued at $39,000 after buying an additional 510 shares during the last quarter. Briaud Financial Planning Inc acquired a new stake in iShares MSCI India ETF in the second quarter valued at $40,000. Finally, Bradley & Co. Private Wealth Management LLC purchased a new stake in iShares MSCI India ETF during the 2nd quarter worth about $53,000.

iShares MSCI India ETF Stock Performance

BATS:INDA opened at $54.21 on Tuesday. iShares MSCI India ETF has a 1 year low of $47.60 and a 1 year high of $59.49. The stock has a market cap of $9.41 billion, a P/E ratio of 25.20 and a beta of 0.48. The stock has a 50-day simple moving average of $53.76 and a 200-day simple moving average of $53.87.

iShares MSCI India ETF 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.