NewSquare Capital LLC Has $3.72 Million Holdings in iShares MSCI India ETF (BATS:INDA)

NewSquare Capital LLC raised its holdings in iShares MSCI India ETF (BATS:INDA) by 13.2% during the fourth quarter, HoldingsChannel.com reports. The fund owned 79,062 shares of the company’s stock after purchasing an additional 9,224 shares during the period. NewSquare Capital LLC’s holdings in iShares MSCI India ETF were worth $3,717,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently made changes to their positions in INDA. Catalyst Capital Advisors LLC increased its holdings in shares of 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 worth $100,355,000 after purchasing an additional 2,209,156 shares during the last quarter. Northern Trust Corp raised its stake in iShares MSCI India ETF by 49.5% during 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 in the last quarter. Morgan Stanley lifted its position 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 last quarter. 3EDGE Asset Management LP purchased a new position in shares of iShares MSCI India ETF in the 4th quarter worth $47,892,000. Finally, The Manufacturers Life Insurance Company purchased a new stake in shares of iShares MSCI India ETF during the 3rd quarter valued at about $40,291,000.

iShares MSCI India ETF Trading Up 0.2 %

Shares of INDA traded up $0.12 during midday trading on Wednesday, reaching $52.01. 3,852,682 shares of the stock were exchanged. The company’s 50 day moving average is $51.41 and its two-hundred day moving average is $48.56. iShares MSCI India ETF has a 52 week low of $30.57 and a 52 week high of $38.21. The company has a market capitalization of $9.49 billion, a P/E 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.