Meitav Investment House Ltd. Grows Stock Holdings in iShares MSCI India ETF $INDA

Meitav Investment House Ltd. lifted its stake in iShares MSCI India ETF (BATS:INDA) by 71.5% during the first quarter, HoldingsChannel.com reports. The firm owned 58,408 shares of the company’s stock after purchasing an additional 24,359 shares during the quarter. Meitav Investment House Ltd.’s holdings in iShares MSCI India ETF were worth $2,736,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in INDA. MYDA Advisors LLC purchased a new position in iShares MSCI India ETF in the 1st quarter worth approximately $1,030,000. Invesco Ltd. boosted its stake in iShares MSCI India ETF by 7.0% during the 2nd quarter. Invesco Ltd. now owns 583,029 shares of the company’s stock valued at $32,463,000 after purchasing an additional 38,190 shares during the last quarter. Baird Financial Group Inc. purchased a new stake in iShares MSCI India ETF during the 2nd quarter valued at $350,000. Cerity Partners LLC increased its holdings in shares of iShares MSCI India ETF by 29.7% in the 2nd quarter. Cerity Partners LLC now owns 81,113 shares of the company’s stock worth $4,516,000 after purchasing an additional 18,593 shares in the last quarter. Finally, Qube Research & Technologies Ltd bought a new stake in shares of iShares MSCI India ETF in the 2nd quarter worth $354,000.

iShares MSCI India ETF Stock Performance

Shares of INDA stock traded down $0.44 during mid-day trading on Tuesday, hitting $49.44. The company’s stock had a trading volume of 2,958,631 shares, compared to its average volume of 8,066,371. The stock has a market cap of $8.59 billion, a price-to-earnings ratio of 25.20 and a beta of 0.48. iShares MSCI India ETF has a 52-week low of $45.21 and a 52-week high of $55.72. The business has a 50-day moving average price of $48.72 and a 200 day moving average price of $50.32.

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.