Sumitomo Mitsui Financial Group Inc. Grows Position in iShares MSCI India ETF $INDA

Sumitomo Mitsui Financial Group Inc. lifted its holdings in shares of iShares MSCI India ETF (BATS:INDA) by 11.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 119,378 shares of the company’s stock after purchasing an additional 12,388 shares during the quarter. Sumitomo Mitsui Financial Group Inc. owned 0.07% of iShares MSCI India ETF worth $6,640,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Modus Advisors LLC increased its holdings in shares of iShares MSCI India ETF by 2.6% in the 2nd quarter. Modus Advisors LLC now owns 7,887 shares of the company’s stock worth $439,000 after buying an additional 199 shares during the last quarter. Harbour Investments Inc. grew its position in iShares MSCI India ETF by 12.1% in the first quarter. Harbour Investments Inc. now owns 1,859 shares of the company’s stock worth $96,000 after acquiring an additional 200 shares in the last quarter. Rathbones Group PLC increased its stake in iShares MSCI India ETF by 1.3% in the second quarter. Rathbones Group PLC now owns 15,248 shares of the company’s stock valued at $849,000 after acquiring an additional 200 shares during the last quarter. Endowment Wealth Management Inc. increased its stake in iShares MSCI India ETF by 0.8% in the first quarter. Endowment Wealth Management Inc. now owns 29,221 shares of the company’s stock valued at $1,504,000 after acquiring an additional 237 shares during the last quarter. Finally, Allworth Financial LP raised its position in iShares MSCI India ETF by 19.1% during the second quarter. Allworth Financial LP now owns 1,868 shares of the company’s stock valued at $104,000 after purchasing an additional 300 shares in the last quarter.

iShares MSCI India ETF Stock Up 7.3%

Shares of INDA stock opened at $54.66 on Thursday. The business has a 50-day moving average price of $53.78 and a two-hundred day moving average price of $53.89. iShares MSCI India ETF has a 12-month low of $47.60 and a 12-month high of $59.49. The firm has a market cap of $9.49 billion, a P/E ratio of 25.20 and a beta of 0.48.

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.