Beacon Advisors Holdings LLC Takes $3.13 Million Position in iShares MSCI India ETF $INDA

Beacon Advisors Holdings LLC acquired a new position in iShares MSCI India ETF (BATS:INDA) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 57,980 shares of the company’s stock, valued at approximately $3,134,000. iShares MSCI India ETF makes up 1.7% of Beacon Advisors Holdings LLC’s investment portfolio, making the stock its 19th largest position.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. JPMorgan Chase & Co. increased its position in iShares MSCI India ETF by 8.7% in 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 in the last quarter. Man Group plc lifted its position in shares of iShares MSCI India ETF by 1.7% during the 4th quarter. Man Group plc now owns 4,501,107 shares of the company’s stock valued at $243,285,000 after buying an additional 76,197 shares in the last quarter. Wellington Management Group LLP grew its stake in shares of iShares MSCI India ETF by 9.6% during the 4th quarter. Wellington Management Group LLP now owns 2,911,671 shares of the company’s stock valued at $157,376,000 after acquiring an additional 254,355 shares during the period. Goldman Sachs Group Inc. grew its stake in shares of iShares MSCI India ETF by 26.5% during the 4th quarter. Goldman Sachs Group Inc. now owns 2,617,410 shares of the company’s stock valued at $141,471,000 after acquiring an additional 547,738 shares during the period. Finally, Catalyst Capital Advisors LLC increased its holdings in iShares MSCI India ETF by 5.1% in the 4th quarter. Catalyst Capital Advisors LLC now owns 2,393,426 shares of the company’s stock worth $129,365,000 after acquiring an additional 117,034 shares in the last quarter.

iShares MSCI India ETF Trading Up 1.1%

BATS INDA opened at $49.58 on Friday. iShares MSCI India ETF has a 12 month low of $45.21 and a 12 month high of $56.01. The stock has a market cap of $8.61 billion, a price-to-earnings ratio of 25.20 and a beta of 0.48. The company’s 50 day moving average is $48.80 and its two-hundred day moving average is $50.65.

About iShares MSCI India ETF

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.