Citigroup Inc. Reduces Position in iShares MSCI India ETF $INDA

Citigroup Inc. lessened its holdings in shares of iShares MSCI India ETF (BATS:INDA) by 32.5% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,407,165 shares of the company’s stock after selling 677,675 shares during the quarter. Citigroup Inc. owned about 0.81% of iShares MSCI India ETF worth $78,351,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. MYDA Advisors LLC purchased a new position in iShares MSCI India ETF in the 1st quarter valued at approximately $1,030,000. Mutual of America Capital Management LLC lifted its position in shares of iShares MSCI India ETF by 39.1% during the first quarter. Mutual of America Capital Management LLC now owns 441,366 shares of the company’s stock worth $22,722,000 after acquiring an additional 123,984 shares in the last quarter. Kestra Private Wealth Services LLC boosted its holdings in shares of iShares MSCI India ETF by 5.8% in the first quarter. Kestra Private Wealth Services LLC now owns 32,870 shares of the company’s stock worth $1,692,000 after acquiring an additional 1,811 shares during the period. Crestwood Advisors Group LLC purchased a new position in shares of iShares MSCI India ETF in the first quarter valued at $899,000. Finally, Gries Financial LLC bought a new stake in shares of iShares MSCI India ETF during the 1st quarter valued at $233,000.

iShares MSCI India ETF Stock Performance

Shares of INDA opened at $54.63 on Wednesday. iShares MSCI India ETF has a 52-week low of $47.60 and a 52-week high of $59.49. The stock’s 50-day simple moving average is $53.66 and its 200 day simple moving average is $53.84. The stock has a market capitalization of $9.49 billion, a price-to-earnings ratio of 25.20 and a beta of 0.48.

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.