USS Investment Management Ltd Buys New Shares in iShares MSCI India ETF $INDA

USS Investment Management Ltd bought a new stake in iShares MSCI India ETF (BATS:INDA) in the fourth quarter, HoldingsChannel reports. The fund bought 1,310,424 shares of the company’s stock, valued at approximately $70,848,000.

Other institutional investors have also recently bought and sold shares of the company. JPMorgan Chase & Co. grew its stake in iShares MSCI India ETF by 8.7% during the fourth quarter. JPMorgan Chase & Co. now owns 4,911,540 shares of the company’s stock worth $265,469,000 after buying an additional 391,433 shares during the period. Man Group plc grew its stake in iShares MSCI India ETF by 17.8% during the third quarter. Man Group plc now owns 4,424,910 shares of the company’s stock worth $230,361,000 after buying an additional 669,410 shares during the period. Goldman Sachs Group Inc. grew its stake in iShares MSCI India ETF by 26.5% during the fourth quarter. Goldman Sachs Group Inc. now owns 2,617,410 shares of the company’s stock worth $141,471,000 after buying an additional 547,738 shares during the period. Catalyst Capital Advisors LLC grew its stake in iShares MSCI India ETF by 5.1% during the fourth quarter. Catalyst Capital Advisors LLC now owns 2,393,426 shares of the company’s stock worth $129,365,000 after buying an additional 117,034 shares during the period. Finally, Alliancebernstein L.P. purchased a new stake in iShares MSCI India ETF during the third quarter worth approximately $120,217,000.

iShares MSCI India ETF Price Performance

INDA opened at $48.33 on Monday. iShares MSCI India ETF has a 52-week low of $45.21 and a 52-week high of $56.01. The company has a 50 day moving average of $48.61 and a two-hundred day moving average of $50.80. The company has a market cap of $8.39 billion, a P/E ratio of 25.20 and a beta of 0.48.

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.