Prudential Financial Inc. Increases Stock Position in iShares MSCI India ETF (BATS:INDA)

Prudential Financial Inc. raised its stake in shares of iShares MSCI India ETF (BATS:INDA) by 1.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 507,522 shares of the company’s stock after acquiring an additional 5,850 shares during the period. Prudential Financial Inc.’s holdings in iShares MSCI India ETF were worth $26,909,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Sei Investments Co. grew its stake in shares of iShares MSCI India ETF by 24.6% in the fourth quarter. Sei Investments Co. now owns 244,401 shares of the company’s stock valued at $12,865,000 after buying an additional 48,180 shares in the last quarter. MRP Capital Investments LLC grew its position in iShares MSCI India ETF by 2.4% in the 4th quarter. MRP Capital Investments LLC now owns 27,271 shares of the company’s stock valued at $1,436,000 after acquiring an additional 630 shares in the last quarter. Kiker Wealth Management LLC purchased a new stake in iShares MSCI India ETF during the fourth quarter worth about $50,000. SSI Investment Management LLC lifted its position in shares of iShares MSCI India ETF by 11.4% during the fourth quarter. SSI Investment Management LLC now owns 51,669 shares of the company’s stock worth $2,720,000 after purchasing an additional 5,290 shares in the last quarter. Finally, Custos Family Office LLC boosted its stake in shares of iShares MSCI India ETF by 15.0% in the fourth quarter. Custos Family Office LLC now owns 105,548 shares of the company’s stock valued at $5,556,000 after purchasing an additional 13,765 shares during the period.

iShares MSCI India ETF Stock Performance

Shares of INDA stock opened at $51.42 on Thursday. iShares MSCI India ETF has a fifty-two week low of $47.60 and a fifty-two week high of $59.49. The company has a 50 day moving average price of $50.01 and a 200 day moving average price of $53.44. The stock has a market capitalization of $8.76 billion, a P/E ratio of 22.55 and a beta of 0.75.

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.