Nipun Capital L.P. Takes $67.35 Million Position in iShares MSCI India ETF (BATS:INDA)

Nipun Capital L.P. purchased a new stake in shares of iShares MSCI India ETF (BATS:INDA) in the fourth quarter, Holdings Channel reports. The firm purchased 1,379,845 shares of the company’s stock, valued at approximately $67,350,000. iShares MSCI India ETF comprises about 64.8% of Nipun Capital L.P.’s portfolio, making the stock its largest position.

Other hedge funds have also bought and sold shares of the company. Catalyst Capital Advisors LLC boosted its stake in iShares MSCI India ETF by 3,664.6% in the third quarter. Catalyst Capital Advisors LLC now owns 2,269,439 shares of the company’s stock valued at $100,355,000 after acquiring an additional 2,209,156 shares during the last quarter. Northern Trust Corp lifted its stake in iShares MSCI India ETF by 49.5% in the third quarter. Northern Trust Corp now owns 5,703,097 shares of the company’s stock valued at $252,191,000 after purchasing an additional 1,888,799 shares during the last quarter. Morgan Stanley grew its holdings in iShares MSCI India ETF by 23.2% during the third quarter. Morgan Stanley now owns 7,615,787 shares of the company’s stock valued at $336,770,000 after purchasing an additional 1,433,768 shares during the period. 3EDGE Asset Management LP purchased a new stake in iShares MSCI India ETF in the fourth quarter worth $47,892,000. Finally, The Manufacturers Life Insurance Company bought a new stake in shares of iShares MSCI India ETF in the third quarter valued at $40,291,000.

iShares MSCI India ETF Stock Up 0.6 %

INDA traded up $0.30 during trading hours on Thursday, hitting $52.31. The stock had a trading volume of 5,915,386 shares. iShares MSCI India ETF has a 1 year low of $30.57 and a 1 year high of $38.21. The company’s fifty day simple moving average is $51.43 and its 200 day simple moving average is $48.59. The stock has a market cap of $9.54 billion, a PE ratio of 28.58 and a beta of 0.51.

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.