Niles Investment Management LLC acquired a new stake in iShares MSCI India ETF (BATS:INDA – Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 75,862 shares of the company’s stock, valued at approximately $4,100,000. iShares MSCI India ETF comprises 3.1% of Niles Investment Management LLC’s holdings, making the stock its 10th biggest position.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Arrowpoint Investment Partners Singapore Pte. Ltd. purchased a new stake in iShares MSCI India ETF in the third quarter valued at approximately $26,000. Ravenswood Partners LP purchased a new stake in iShares MSCI India ETF in the third quarter valued at approximately $27,000. CoreCap Advisors LLC lifted its stake in iShares MSCI India ETF by 292.7% in the fourth quarter. CoreCap Advisors LLC now owns 538 shares of the company’s stock valued at $29,000 after buying an additional 401 shares during the last quarter. Assetmark Inc. lifted its stake in iShares MSCI India ETF by 121.6% in the fourth quarter. Assetmark Inc. now owns 543 shares of the company’s stock valued at $29,000 after buying an additional 298 shares during the last quarter. Finally, Asset Dedication LLC purchased a new stake in iShares MSCI India ETF in the fourth quarter valued at approximately $36,000.
iShares MSCI India ETF Trading Up 1.1%
Shares of BATS INDA opened at $48.33 on Friday. iShares MSCI India ETF has a twelve month low of $45.21 and a twelve month high of $56.01. The stock has a 50 day moving average of $48.61 and a two-hundred day moving average of $50.83. The stock has a market cap of $8.39 billion, a P/E ratio of 25.20 and a beta of 0.48.
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.
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