3EDGE Asset Management LP Has $43.31 Million Position in iShares MSCI India ETF $INDA

3EDGE Asset Management LP lessened its holdings in shares of iShares MSCI India ETF (BATS:INDA) by 7.8% during the 4th quarter, Holdings Channel.com reports. The firm owned 801,706 shares of the company’s stock after selling 67,901 shares during the period. iShares MSCI India ETF comprises 2.2% of 3EDGE Asset Management LP’s portfolio, making the stock its 13th largest holding. 3EDGE Asset Management LP’s holdings in iShares MSCI India ETF were worth $43,305,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in INDA. Envestnet Portfolio Solutions Inc. increased its position in iShares MSCI India ETF by 4.9% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 5,927 shares of the company’s stock valued at $320,000 after acquiring an additional 277 shares in the last quarter. Rossmore Private Capital grew its stake in shares of iShares MSCI India ETF by 34.8% during the fourth quarter. Rossmore Private Capital now owns 4,205 shares of the company’s stock valued at $227,000 after purchasing an additional 1,085 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of iShares MSCI India ETF by 643.5% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,064,351 shares of the company’s stock valued at $55,342,000 after purchasing an additional 921,201 shares during the last quarter. Phoenix Financial Ltd. increased its holdings in shares of iShares MSCI India ETF by 91.2% in the fourth quarter. Phoenix Financial Ltd. now owns 1,916,772 shares of the company’s stock valued at $103,602,000 after purchasing an additional 914,310 shares in the last quarter. Finally, Bessemer Group Inc. increased its holdings in shares of iShares MSCI India ETF by 429,690.2% in the fourth quarter. Bessemer Group Inc. now owns 881,070 shares of the company’s stock valued at $47,622,000 after purchasing an additional 880,865 shares in the last quarter.

iShares MSCI India ETF Price Performance

INDA stock opened at $47.27 on Wednesday. The company has a 50 day moving average price of $48.48 and a 200 day moving average price of $51.60. iShares MSCI India ETF has a fifty-two week low of $45.21 and a fifty-two week high of $56.01. The stock has a market capitalization of $8.21 billion, a PE ratio of 25.20 and a beta of 0.48.

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.