Bank of New York Mellon Corp Boosts Stake in iShares MSCI India ETF $INDA

Bank of New York Mellon Corp boosted its stake in iShares MSCI India ETF (BATS:INDA) by 4.0% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 1,524,563 shares of the company’s stock after purchasing an additional 58,258 shares during the period. Bank of New York Mellon Corp’s holdings in iShares MSCI India ETF were worth $71,411,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Ravenswood Partners LP acquired a new position in iShares MSCI India ETF during the 3rd quarter worth about $27,000. Global Trust Asset Management LLC lifted its position in shares of iShares MSCI India ETF by 835.9% during the first quarter. Global Trust Asset Management LLC now owns 599 shares of the company’s stock worth $28,000 after purchasing an additional 535 shares in the last quarter. CoreCap Advisors LLC boosted its stake in shares of iShares MSCI India ETF by 292.7% in the fourth quarter. CoreCap Advisors LLC now owns 538 shares of the company’s stock valued at $29,000 after purchasing an additional 401 shares during the period. Assetmark Inc. boosted its stake in shares of iShares MSCI India ETF by 121.6% in the fourth quarter. Assetmark Inc. now owns 543 shares of the company’s stock valued at $29,000 after purchasing an additional 298 shares during the period. Finally, GHP Investment Advisors Inc. grew its holdings in shares of iShares MSCI India ETF by 123.7% in the first quarter. GHP Investment Advisors Inc. now owns 671 shares of the company’s stock valued at $31,000 after purchasing an additional 371 shares in the last quarter.

iShares MSCI India ETF Stock Down 1.1%

Shares of INDA opened at $48.22 on Thursday. iShares MSCI India ETF has a fifty-two week low of $45.21 and a fifty-two week high of $55.50. The firm’s 50 day moving average price is $48.65 and its 200 day moving average price is $49.89. The company has a market cap of $8.37 billion, a P/E ratio of 25.20 and a beta of 0.48.

About iShares MSCI India ETF

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.