iShares MSCI India ETF $INDA Stock Position Lifted by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. lifted its holdings in iShares MSCI India ETF (BATS:INDA) by 643.5% in the 4th quarter, HoldingsChannel reports. The firm owned 1,064,351 shares of the company’s stock after purchasing an additional 921,201 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in iShares MSCI India ETF were worth $55,342,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently modified their holdings of INDA. Atlantic Union Bankshares Corp bought a new position in shares of iShares MSCI India ETF in the third quarter worth $25,000. Arrowpoint Investment Partners Singapore Pte. Ltd. bought a new position in shares of iShares MSCI India ETF in the third quarter worth $26,000. Ravenswood Partners LP bought a new position in shares of iShares MSCI India ETF in the third quarter worth $27,000. CoreCap Advisors LLC grew its stake in shares of iShares MSCI India ETF by 292.7% in the fourth 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. Finally, Assetmark Inc. grew its stake in shares of iShares MSCI India ETF by 121.6% in the fourth quarter. Assetmark Inc. now owns 543 shares of the company’s stock worth $29,000 after purchasing an additional 298 shares in the last quarter.

iShares MSCI India ETF Price Performance

Shares of INDA stock opened at $47.99 on Monday. The stock has a 50-day simple moving average of $48.58 and a 200 day simple moving average of $51.70. iShares MSCI India ETF has a fifty-two week low of $45.21 and a fifty-two week high of $56.01. The stock has a market capitalization of $8.33 billion, a P/E ratio of 25.20 and a beta of 0.48.

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.