Elo Mutual Pension Insurance Co Reduces Position in iShares MSCI India ETF (BATS:INDA)

Elo Mutual Pension Insurance Co cut its stake in iShares MSCI India ETF (BATS:INDA) by 55.2% in the second quarter, HoldingsChannel.com reports. The fund owned 253,400 shares of the company’s stock after selling 312,100 shares during the period. Elo Mutual Pension Insurance Co’s holdings in iShares MSCI India ETF were worth $14,135,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in INDA. FineMark National Bank & Trust grew its position in shares of iShares MSCI India ETF by 3.6% during the 4th quarter. FineMark National Bank & Trust now owns 5,814 shares of the company’s stock valued at $284,000 after acquiring an additional 200 shares during the period. Headlands Technologies LLC boosted its holdings in shares of iShares MSCI India ETF by 728.1% during the 2nd quarter. Headlands Technologies LLC now owns 44,062 shares of the company’s stock valued at $2,458,000 after purchasing an additional 38,741 shares during the last quarter. Kingswood Wealth Advisors LLC bought a new stake in shares of iShares MSCI India ETF in the second quarter worth about $219,000. Brookstone Capital Management increased its holdings in shares of iShares MSCI India ETF by 7.3% in the first quarter. Brookstone Capital Management now owns 22,749 shares of the company’s stock worth $1,174,000 after purchasing an additional 1,556 shares during the last quarter. Finally, Prudential PLC boosted its stake in iShares MSCI India ETF by 7.4% during the fourth quarter. Prudential PLC now owns 2,046,764 shares of the company’s stock valued at $99,903,000 after buying an additional 141,281 shares during the last quarter.

iShares MSCI India ETF Price Performance

BATS INDA opened at $57.96 on Wednesday. The stock has a market capitalization of $10.71 billion, a PE ratio of 28.95 and a beta of 0.51. iShares MSCI India ETF has a 1-year low of $30.57 and a 1-year high of $38.21. The business has a 50 day simple moving average of $56.68 and a two-hundred day simple moving average of $54.19.

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.