iShares MSCI India ETF (BATS:INDA) Sets New 12-Month High at $45.46

Shares of iShares MSCI India ETF (BATS:INDA) hit a new 52-week high on Monday . The company traded as high as $45.46 and last traded at $45.46, with a volume of 2270290 shares traded. The stock had previously closed at $45.02.

iShares MSCI India ETF Trading Up 1.0 %

The company has a market cap of $6.12 billion, a PE ratio of 23.86 and a beta of 0.68. The stock has a 50 day moving average price of $44.05 and a 200 day moving average price of $41.90.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in INDA. JPMorgan Chase & Co. raised its stake in iShares MSCI India ETF by 2,722.6% during the second quarter. JPMorgan Chase & Co. now owns 7,311,104 shares of the company’s stock valued at $319,495,000 after buying an additional 7,052,082 shares during the last quarter. Sun Life Financial Inc. purchased a new position in shares of iShares MSCI India ETF in the second quarter worth $95,729,000. BlackRock Inc. raised its stake in shares of iShares MSCI India ETF by 10.3% in the first quarter. BlackRock Inc. now owns 13,008,323 shares of the company’s stock worth $512,008,000 after purchasing an additional 1,217,734 shares during the last quarter. OLD Mission Capital LLC purchased a new position in shares of iShares MSCI India ETF in the first quarter worth $41,274,000. Finally, Goldman Sachs Group Inc. raised its stake in shares of iShares MSCI India ETF by 110.8% in the first quarter. Goldman Sachs Group Inc. now owns 1,895,713 shares of the company’s stock worth $84,493,000 after purchasing an additional 996,561 shares during the last quarter.

iShares MSCI India ETF Company 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.