Sumitomo Mitsui Financial Group Inc. Raises Holdings in iShares MSCI India ETF $INDA

Sumitomo Mitsui Financial Group Inc. boosted its position in iShares MSCI India ETF (BATS:INDA) by 15.7% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 138,129 shares of the company’s stock after purchasing an additional 18,751 shares during the quarter. Sumitomo Mitsui Financial Group Inc. owned about 0.08% of iShares MSCI India ETF worth $7,191,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in INDA. JPMorgan Chase & Co. raised its position in shares of iShares MSCI India ETF by 97.0% in the second quarter. JPMorgan Chase & Co. now owns 7,518,409 shares of the company’s stock valued at $418,625,000 after buying an additional 3,702,760 shares during the last quarter. Man Group plc boosted its position in iShares MSCI India ETF by 96.0% during the second quarter. Man Group plc now owns 3,755,500 shares of the company’s stock worth $209,106,000 after acquiring an additional 1,839,360 shares during the last quarter. IFM Investors Pty Ltd acquired a new position in iShares MSCI India ETF during the third quarter worth about $93,034,000. Geode Capital Management LLC grew its stake in iShares MSCI India ETF by 44.8% during the 2nd quarter. Geode Capital Management LLC now owns 4,541,678 shares of the company’s stock valued at $252,881,000 after acquiring an additional 1,405,731 shares in the last quarter. Finally, Fosun International Ltd acquired a new stake in iShares MSCI India ETF in the 2nd quarter valued at about $67,673,000.

iShares MSCI India ETF Price Performance

INDA opened at $52.58 on Friday. The firm has a market capitalization of $9.13 billion, a price-to-earnings ratio of 25.20 and a beta of 0.48. The company’s 50 day simple moving average is $53.11 and its two-hundred day simple moving average is $53.36. iShares MSCI India ETF has a 1-year low of $47.60 and a 1-year high of $56.01.

iShares MSCI India ETF 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.