Panagora Asset Management Inc. lifted its stake in iShares MSCI India ETF (BATS:INDA – Free Report) by 273.5% during the second quarter, HoldingsChannel reports. The firm owned 1,405,164 shares of the company’s stock after purchasing an additional 1,028,967 shares during the period. Panagora Asset Management Inc.’s holdings in iShares MSCI India ETF were worth $78,240,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Centricity Wealth Management LLC purchased a new stake in shares of iShares MSCI India ETF in the second quarter valued at approximately $31,000. WealthShield Partners LLC grew its stake in shares of iShares MSCI India ETF by 278.7% during the second quarter. WealthShield Partners LLC now owns 693 shares of the company’s stock worth $39,000 after acquiring an additional 510 shares during the last quarter. Briaud Financial Planning Inc purchased a new position in shares of iShares MSCI India ETF in the second quarter worth $40,000. Bradley & Co. Private Wealth Management LLC purchased a new position in shares of iShares MSCI India ETF in the second quarter worth $53,000. Finally, Advisors Preferred LLC acquired a new stake in shares of iShares MSCI India ETF during the second quarter worth $54,000.
iShares MSCI India ETF Price Performance
Shares of INDA opened at $54.71 on Monday. The company’s fifty day moving average price is $53.82 and its 200-day moving average price is $53.90. iShares MSCI India ETF has a 1-year low of $47.60 and a 1-year high of $59.49. The firm has a market capitalization of $9.50 billion, a PE 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.
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Want to see what other hedge funds are holding INDA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI India ETF (BATS:INDA – Free Report).
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