iShares MSCI India ETF (BATS:INDA – Get Free Report) shares hit a new 52-week high on Monday . The company traded as high as $44.49 and last traded at $44.44, with a volume of 2943769 shares. The stock had previously closed at $44.49.
iShares MSCI India ETF Trading Up 1.5 %
The stock’s fifty day moving average price is $44.31 and its two-hundred day moving average price is $43.49. The stock has a market capitalization of $6.07 billion, a P/E ratio of 23.86 and a beta of 0.68.
Institutional Investors Weigh In On iShares MSCI India ETF
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in INDA. Bank of New York Mellon Corp raised its holdings in iShares MSCI India ETF by 3.1% during the 1st quarter. Bank of New York Mellon Corp now owns 372,165 shares of the company’s stock valued at $16,587,000 after buying an additional 11,099 shares during the last quarter. Cambridge Investment Research Advisors Inc. raised its holdings in iShares MSCI India ETF by 5.8% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 12,901 shares of the company’s stock valued at $575,000 after buying an additional 710 shares during the last quarter. HighTower Advisors LLC raised its holdings in iShares MSCI India ETF by 5.8% during the 1st quarter. HighTower Advisors LLC now owns 22,845 shares of the company’s stock valued at $1,020,000 after buying an additional 1,246 shares during the last quarter. BlackRock Inc. raised its holdings in iShares MSCI India ETF by 3.8% during the 1st quarter. BlackRock Inc. now owns 15,725,497 shares of the company’s stock valued at $700,887,000 after buying an additional 579,672 shares during the last quarter. Finally, Mather Group LLC. bought a new stake in iShares MSCI India ETF during the 1st quarter valued at $214,000.
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.
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