iShares MSCI India ETF $INDA Shares Purchased by Sumitomo Mitsui Financial Group Inc.

Sumitomo Mitsui Financial Group Inc. boosted its position in iShares MSCI India ETF (BATS:INDA) by 8.5% in the 4th quarter, HoldingsChannel reports. The firm owned 149,881 shares of the company’s stock after purchasing an additional 11,752 shares during the period. Sumitomo Mitsui Financial Group Inc.’s holdings in iShares MSCI India ETF were worth $8,109,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the company. IFM Investors Pty Ltd raised its stake in iShares MSCI India ETF by 8.4% in the 4th quarter. IFM Investors Pty Ltd now owns 1,930,059 shares of the company’s stock valued at $104,320,000 after purchasing an additional 149,500 shares during the last quarter. CSM Advisors LLC raised its stake in iShares MSCI India ETF by 26.1% in the 4th quarter. CSM Advisors LLC now owns 81,940 shares of the company’s stock valued at $4,427,000 after purchasing an additional 16,976 shares during the last quarter. Harpswell Capital Advisors LLC raised its stake in iShares MSCI India ETF by 235.2% in the 4th quarter. Harpswell Capital Advisors LLC now owns 107,321 shares of the company’s stock valued at $5,801,000 after purchasing an additional 75,302 shares during the last quarter. Picton Mahoney Asset Management raised its stake in iShares MSCI India ETF by 3.7% in the 4th quarter. Picton Mahoney Asset Management now owns 59,251 shares of the company’s stock valued at $3,203,000 after purchasing an additional 2,100 shares during the last quarter. Finally, Meeder Asset Management Inc. acquired a new position in iShares MSCI India ETF in the 4th quarter valued at about $353,000.

iShares MSCI India ETF Trading Up 1.0%

Shares of INDA stock opened at $47.79 on Friday. The firm has a 50-day moving average price of $48.58 and a 200 day moving average price of $50.84. iShares MSCI India ETF has a twelve month low of $45.21 and a twelve month high of $56.01. The company has a market capitalization of $8.30 billion, a price-to-earnings 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.