Mechanics Bank Trust Department Purchases 9,810 Shares of iShares MSCI India ETF $INDA

Mechanics Bank Trust Department grew its position in iShares MSCI India ETF (BATS:INDA) by 15.5% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 73,143 shares of the company’s stock after buying an additional 9,810 shares during the period. Mechanics Bank Trust Department’s holdings in iShares MSCI India ETF were worth $3,808,000 as of its most recent SEC filing.

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

iShares MSCI India ETF Stock Performance

INDA opened at $54.57 on Monday. The company’s 50-day simple moving average is $54.05 and its two-hundred day simple moving average is $53.77. iShares MSCI India ETF has a 52-week low of $47.60 and a 52-week high of $59.49. The stock has a market capitalization of $9.48 billion, a P/E ratio of 25.20 and a beta of 0.48.

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.