Barrow Hanley Mewhinney & Strauss LLC Buys 184,763 Shares of iShares MSCI India ETF (BATS:INDA)

Barrow Hanley Mewhinney & Strauss LLC lifted its stake in iShares MSCI India ETF (BATS:INDA) by 18.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,199,270 shares of the company’s stock after purchasing an additional 184,763 shares during the period. Barrow Hanley Mewhinney & Strauss LLC owned 0.65% of iShares MSCI India ETF worth $63,130,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of INDA. Bank of New York Mellon Corp raised its stake in iShares MSCI India ETF by 2.8% in the fourth quarter. Bank of New York Mellon Corp now owns 8,257,248 shares of the company’s stock worth $434,662,000 after buying an additional 228,036 shares in the last quarter. Northern Trust Corp grew its holdings in shares of iShares MSCI India ETF by 29.9% during the 4th quarter. Northern Trust Corp now owns 7,182,960 shares of the company’s stock worth $378,111,000 after acquiring an additional 1,651,774 shares during the period. JPMorgan Chase & Co. raised its position in shares of iShares MSCI India ETF by 79.0% in the 4th quarter. JPMorgan Chase & Co. now owns 6,639,889 shares of the company’s stock worth $349,524,000 after acquiring an additional 2,929,690 shares in the last quarter. Bank of America Corp DE lifted its stake in shares of iShares MSCI India ETF by 12.7% in the 4th quarter. Bank of America Corp DE now owns 5,611,064 shares of the company’s stock valued at $295,366,000 after purchasing an additional 631,034 shares during the period. Finally, Legal & General Group Plc purchased a new position in shares of iShares MSCI India ETF in the 4th quarter valued at approximately $267,441,000.

iShares MSCI India ETF Stock Up 5.6%

BATS INDA opened at $53.77 on Friday. The firm has a market capitalization of $9.11 billion, a PE ratio of 22.81 and a beta of 0.49. The stock’s 50 day moving average is $52.24 and its 200 day moving average is $52.13. iShares MSCI India ETF has a twelve month low of $47.60 and a twelve month high of $59.49.

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.