iShares MSCI India ETF (BATS:INDA) Shares Sold by Cresset Asset Management LLC

Cresset Asset Management LLC cut its holdings in shares of iShares MSCI India ETF (BATS:INDA) by 60.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 26,579 shares of the company’s stock after selling 39,941 shares during the quarter. Cresset Asset Management LLC’s holdings in iShares MSCI India ETF were worth $1,399,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Bank of New York Mellon Corp boosted its stake in iShares MSCI India ETF by 2.8% during 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 during the period. Northern Trust Corp boosted its position 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 purchasing an additional 1,651,774 shares during the period. JPMorgan Chase & Co. increased its holdings in 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 valued at $349,524,000 after purchasing an additional 2,929,690 shares during the last quarter. Bank of America Corp DE raised its position in iShares MSCI India ETF by 12.7% in the fourth 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 acquired a new position in iShares MSCI India ETF during the fourth quarter worth $267,441,000.

iShares MSCI India ETF Trading Up 3.2 %

Shares of BATS INDA opened at $52.57 on Friday. The stock has a market capitalization of $8.91 billion, a PE ratio of 21.92 and a beta of 0.54. iShares MSCI India ETF has a twelve month low of $47.60 and a twelve month high of $59.49. The stock has a fifty day simple moving average of $51.26 and a 200-day simple moving average of $52.19.

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.