iShares MSCI India ETF $INDA Shares Sold by Hsbc Holdings PLC

Hsbc Holdings PLC cut its position in iShares MSCI India ETF (BATS:INDA) by 8.4% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 184,682 shares of the company’s stock after selling 16,862 shares during the quarter. Hsbc Holdings PLC’s holdings in iShares MSCI India ETF were worth $8,650,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Meitav Investment House Ltd. boosted its position in iShares MSCI India ETF by 71.5% in the 1st quarter. Meitav Investment House Ltd. now owns 58,408 shares of the company’s stock valued at $2,736,000 after buying an additional 24,359 shares during the last quarter. Cobblestone Asset Management LLC lifted its stake in shares of iShares MSCI India ETF by 138.1% in the first quarter. Cobblestone Asset Management LLC now owns 28,845 shares of the company’s stock worth $1,351,000 after acquiring an additional 16,730 shares in the last quarter. Y Intercept Hong Kong Ltd boosted its holdings in iShares MSCI India ETF by 333.5% in the first quarter. Y Intercept Hong Kong Ltd now owns 349,433 shares of the company’s stock valued at $16,367,000 after purchasing an additional 268,831 shares during the last quarter. Strs Ohio boosted its holdings in iShares MSCI India ETF by 6.6% in the first quarter. Strs Ohio now owns 361,698 shares of the company’s stock valued at $16,942,000 after purchasing an additional 22,300 shares during the last quarter. Finally, Deltec Asset Management LLC grew its stake in iShares MSCI India ETF by 12.6% during the 1st quarter. Deltec Asset Management LLC now owns 16,100 shares of the company’s stock valued at $754,000 after purchasing an additional 1,800 shares in the last quarter.

iShares MSCI India ETF Stock Down 1.1%

INDA stock opened at $48.22 on Thursday. The stock’s 50 day moving average is $48.65 and its two-hundred day moving average is $49.89. iShares MSCI India ETF has a 52-week low of $45.21 and a 52-week high of $55.50. The company has a market capitalization of $8.37 billion, a PE 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.