iShares MSCI India ETF (BATS:INDA) Reaches New 12-Month High at $55.31

iShares MSCI India ETF (BATS:INDA)’s stock price reached a new 52-week high during trading on Monday . The company traded as high as $55.31 and last traded at $55.29, with a volume of 5671828 shares trading hands. The stock had previously closed at $55.17.

iShares MSCI India ETF Stock Up 0.2 %

The stock’s 50-day moving average is $52.71 and its 200-day moving average is $50.88. The firm has a market cap of $10.21 billion, a P/E ratio of 28.95 and a beta of 0.51.

Institutional Investors Weigh In On iShares MSCI India ETF

Several institutional investors and hedge funds have recently made changes to their positions in the company. Jane Street Group LLC boosted its stake in shares of iShares MSCI India ETF by 1,073.3% in the 1st quarter. Jane Street Group LLC now owns 16,108,870 shares of the company’s stock valued at $831,057,000 after purchasing an additional 14,735,874 shares in the last quarter. Morgan Stanley increased its stake in iShares MSCI India ETF by 23.2% during the 3rd quarter. Morgan Stanley now owns 7,615,787 shares of the company’s stock worth $336,770,000 after purchasing an additional 1,433,768 shares in the last quarter. Northern Trust Corp boosted its position in iShares MSCI India ETF by 49.5% during the 3rd quarter. Northern Trust Corp now owns 5,703,097 shares of the company’s stock worth $252,191,000 after acquiring an additional 1,888,799 shares during the last quarter. OLD Mission Capital LLC acquired a new stake in shares of iShares MSCI India ETF in the 4th quarter valued at approximately $187,403,000. Finally, Sun Life Financial Inc. boosted its holdings in shares of iShares MSCI India ETF by 17.2% in the 4th quarter. Sun Life Financial Inc. now owns 2,844,800 shares of the company’s stock valued at $138,855,000 after buying an additional 418,000 shares during the last quarter.

iShares MSCI India ETF Company 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.