Principal Financial Group Inc. Sells 107,116 Shares of iShares MSCI India ETF $INDA

Principal Financial Group Inc. lessened its holdings in iShares MSCI India ETF (BATS:INDA) by 27.9% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 276,143 shares of the company’s stock after selling 107,116 shares during the period. Principal Financial Group Inc. owned about 0.16% of iShares MSCI India ETF worth $12,935,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Ravenswood Partners LP acquired a new stake in shares of iShares MSCI India ETF in the 3rd quarter valued at approximately $27,000. Global Trust Asset Management LLC increased its position in iShares MSCI India ETF by 835.9% during the 1st quarter. Global Trust Asset Management LLC now owns 599 shares of the company’s stock worth $28,000 after purchasing an additional 535 shares in the last quarter. CoreCap Advisors LLC increased its position in iShares MSCI India ETF by 292.7% during the 4th quarter. CoreCap Advisors LLC now owns 538 shares of the company’s stock worth $29,000 after purchasing an additional 401 shares in the last quarter. Assetmark Inc. lifted its stake in iShares MSCI India ETF by 121.6% in the 4th quarter. Assetmark Inc. now owns 543 shares of the company’s stock valued at $29,000 after purchasing an additional 298 shares during the last quarter. Finally, GHP Investment Advisors Inc. lifted its stake in iShares MSCI India ETF by 123.7% in the 1st quarter. GHP Investment Advisors Inc. now owns 671 shares of the company’s stock valued at $31,000 after purchasing an additional 371 shares during the last quarter.

iShares MSCI India ETF Price Performance

Shares of iShares MSCI India ETF stock opened at $48.02 on Friday. iShares MSCI India ETF has a fifty-two week low of $45.21 and a fifty-two week high of $55.50. The firm has a market capitalization of $8.34 billion, a P/E ratio of 25.20 and a beta of 0.48. The company’s 50 day moving average price is $48.64 and its two-hundred day moving average price is $49.83.

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.