Truist Financial Corp Raises Holdings in iShares MSCI India ETF $INDA

Truist Financial Corp increased its stake in iShares MSCI India ETF (BATS:INDA) by 20.6% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 533,163 shares of the company’s stock after acquiring an additional 91,030 shares during the period. Truist Financial Corp owned approximately 0.31% of iShares MSCI India ETF worth $27,756,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its position in iShares MSCI India ETF by 97.0% in the second quarter. JPMorgan Chase & Co. now owns 7,518,409 shares of the company’s stock valued at $418,625,000 after acquiring an additional 3,702,760 shares in the last quarter. State of New Jersey Common Pension Fund D increased its holdings in iShares MSCI India ETF by 2,067.3% during the 2nd quarter. State of New Jersey Common Pension Fund D now owns 6,929,746 shares of the company’s stock worth $385,848,000 after purchasing an additional 6,610,000 shares during the last quarter. Geode Capital Management LLC raised its position in shares of iShares MSCI India ETF by 44.8% in the 2nd quarter. Geode Capital Management LLC now owns 4,541,678 shares of the company’s stock valued at $252,881,000 after purchasing an additional 1,405,731 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its stake in shares of iShares MSCI India ETF by 10.7% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 4,215,575 shares of the company’s stock valued at $234,723,000 after purchasing an additional 406,176 shares in the last quarter. Finally, Man Group plc lifted its position in shares of iShares MSCI India ETF by 96.0% during the second quarter. Man Group plc now owns 3,755,500 shares of the company’s stock worth $209,106,000 after purchasing an additional 1,839,360 shares during the last quarter.

iShares MSCI India ETF Trading Up 1.4%

Shares of BATS INDA opened at $51.64 on Friday. iShares MSCI India ETF has a 12-month low of $47.60 and a 12-month high of $59.49. The company has a market cap of $8.97 billion, a PE ratio of 25.20 and a beta of 0.48. The stock has a 50 day simple moving average of $53.40 and a 200-day simple moving average of $53.45.

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.