Wellington Management Group LLP Acquires 891,464 Shares of iShares MSCI India ETF $INDA

Wellington Management Group LLP increased its stake in shares of iShares MSCI India ETF (BATS:INDA) by 42.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,994,278 shares of the company’s stock after buying an additional 891,464 shares during the period. Wellington Management Group LLP owned 1.72% of iShares MSCI India ETF worth $147,887,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Ravenswood Partners LP acquired a new position in shares of iShares MSCI India ETF during the third quarter worth approximately $27,000. Global Trust Asset Management LLC increased its holdings in shares of iShares MSCI India ETF by 835.9% in the first quarter. Global Trust Asset Management LLC now owns 599 shares of the company’s stock valued at $28,000 after purchasing an additional 535 shares in the last quarter. GHP Investment Advisors Inc. increased its holdings in shares of iShares MSCI India ETF by 123.7% in the first quarter. GHP Investment Advisors Inc. now owns 671 shares of the company’s stock valued at $31,000 after purchasing an additional 371 shares in the last quarter. Western Wealth Management LLC bought a new position in iShares MSCI India ETF in the 1st quarter worth approximately $31,000. Finally, Smartleaf Asset Management LLC raised its position in iShares MSCI India ETF by 70,100.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 702 shares of the company’s stock worth $38,000 after purchasing an additional 701 shares during the last quarter.

iShares MSCI India ETF Stock Performance

BATS:INDA opened at $49.70 on Tuesday. The company has a market cap of $8.63 billion, a price-to-earnings ratio of 25.20 and a beta of 0.48. The stock’s fifty day moving average price is $49.40 and its two-hundred day moving average price is $49.26. iShares MSCI India ETF has a 52-week low of $45.21 and a 52-week high of $55.50.

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.