iShares MSCI India ETF (BATS:INDA – Get Free Report) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $51.42 and last traded at $50.85, with a volume of 3905108 shares traded. The stock had previously closed at $50.93.
iShares MSCI India ETF Stock Performance
The company’s 50-day moving average price is $53.58 and its 200 day moving average price is $55.57. The stock has a market capitalization of $9.39 billion, a P/E ratio of 28.95 and a beta of 0.51.
Institutional Investors Weigh In On iShares MSCI India ETF
A number of institutional investors and hedge funds have recently bought and sold shares of INDA. American Century Companies Inc. purchased a new stake in shares of iShares MSCI India ETF during the second quarter worth about $4,842,000. Envestnet Asset Management Inc. grew its holdings in iShares MSCI India ETF by 90.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 127,593 shares of the company’s stock valued at $7,117,000 after buying an additional 60,634 shares in the last quarter. Mercer Global Advisors Inc. ADV raised its position in shares of iShares MSCI India ETF by 45.7% during the second quarter. Mercer Global Advisors Inc. ADV now owns 14,891 shares of the company’s stock valued at $831,000 after buying an additional 4,672 shares during the last quarter. Sei Investments Co. lifted its holdings in shares of iShares MSCI India ETF by 8.2% in the second quarter. Sei Investments Co. now owns 169,757 shares of the company’s stock worth $9,469,000 after buying an additional 12,836 shares in the last quarter. Finally, Thrivent Financial for Lutherans bought a new position in shares of iShares MSCI India ETF during the second quarter worth $1,198,000.
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.
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