Bessemer Group Inc. Raises Holdings in iShares MSCI India ETF $INDA

Bessemer Group Inc. increased its position in iShares MSCI India ETF (BATS:INDA) by 429,690.2% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 881,070 shares of the company’s stock after buying an additional 880,865 shares during the period. Bessemer Group Inc.’s holdings in iShares MSCI India ETF were worth $47,622,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the company. Golden State Wealth Management LLC raised its position in shares of iShares MSCI India ETF by 17.3% in the 3rd quarter. Golden State Wealth Management LLC now owns 1,290 shares of the company’s stock worth $67,000 after buying an additional 190 shares during the period. Murphy & Mullick Capital Management Corp raised its position in shares of iShares MSCI India ETF by 2.8% in the 3rd quarter. Murphy & Mullick Capital Management Corp now owns 7,220 shares of the company’s stock worth $388,000 after buying an additional 200 shares during the period. Cobblestone Asset Management LLC raised its position in shares of iShares MSCI India ETF by 1.7% in the 4th quarter. Cobblestone Asset Management LLC now owns 12,115 shares of the company’s stock worth $655,000 after buying an additional 206 shares during the period. Smart Portfolios LLC raised its position in shares of iShares MSCI India ETF by 0.5% in the 3rd quarter. Smart Portfolios LLC now owns 45,041 shares of the company’s stock worth $2,345,000 after buying an additional 213 shares during the period. Finally, Steadtrust LLC raised its position in shares of iShares MSCI India ETF by 1.3% in the 4th quarter. Steadtrust LLC now owns 18,978 shares of the company’s stock worth $1,026,000 after buying an additional 250 shares during the period.

iShares MSCI India ETF Trading Down 0.8%

Shares of INDA opened at $47.99 on Friday. The firm has a market capitalization of $8.33 billion, a P/E ratio of 25.20 and a beta of 0.48. The stock’s fifty day simple moving average is $48.58 and its 200 day simple moving average is $51.72. iShares MSCI India ETF has a twelve month low of $45.21 and a twelve month high of $56.01.

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.