iShares MSCI India ETF $INDA Stock: North of South Capital LLP Lowers Holdings

North of South Capital LLP lessened its holdings in iShares MSCI India ETF (BATS:INDA) by 31.8% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 150,651 shares of the company’s stock after selling 70,336 shares during the quarter. iShares MSCI India ETF accounts for approximately 0.5% of North of South Capital LLP’s investment portfolio, making the stock its 15th biggest position. North of South Capital LLP owned about 0.12% of iShares MSCI India ETF worth $7,032,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Rock Creek Group LLC acquired a new stake in iShares MSCI India ETF in the third quarter valued at about $420,000. Migdal Insurance & Financial Holdings Ltd. bought a new position in iShares MSCI India ETF in the third quarter valued at about $54,000. Drive Wealth Management LLC acquired a new position in iShares MSCI India ETF during the third quarter worth about $584,000. Shah Wealth Advisors LLC raised its stake in iShares MSCI India ETF by 4.8% during the third quarter. Shah Wealth Advisors LLC now owns 283,994 shares of the company’s stock worth $13,257,000 after acquiring an additional 12,932 shares in the last quarter. Finally, Aberdeen Group plc acquired a new position in iShares MSCI India ETF during the third quarter worth about $8,964,000.

iShares MSCI India ETF Stock Down 0.2%

Shares of INDA stock traded down $0.10 on Friday, reaching $51.45. The company had a trading volume of 5,920,423 shares, compared to its average volume of 7,082,393. The stock has a market capitalization of $6.37 billion, a PE ratio of 20.76 and a beta of 0.46. iShares MSCI India ETF has a one year low of $45.21 and a one year high of $55.10. The business’s 50-day moving average is $48.05 and its 200 day moving average is $49.14.

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.