Group One Trading LLC Invests $3.48 Million in iShares MSCI India ETF $INDA

Group One Trading LLC bought a new position in shares of iShares MSCI India ETF (BATS:INDA) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 74,399 shares of the company’s stock, valued at approximately $3,485,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. JPMorgan Chase & Co. increased its stake 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 valued at $265,469,000 after purchasing an additional 391,433 shares during the last quarter. Man Group plc raised its holdings in iShares MSCI India ETF by 1.7% during the fourth quarter. Man Group plc now owns 4,501,107 shares of the company’s stock worth $243,285,000 after purchasing an additional 76,197 shares in the last quarter. Catalyst Capital Advisors LLC lifted its position in shares of iShares MSCI India ETF by 30.4% during the 1st quarter. Catalyst Capital Advisors LLC now owns 3,120,382 shares of the company’s stock worth $146,159,000 after buying an additional 726,956 shares during the last quarter. Wellington Management Group LLP lifted its position 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 worth $157,376,000 after buying an additional 254,355 shares during the last quarter. Finally, Goldman Sachs Group Inc. lifted its position 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 worth $141,471,000 after buying an additional 547,738 shares during the last quarter.

iShares MSCI India ETF Trading Down 1.1%

Shares of iShares MSCI India ETF stock opened at $48.22 on Thursday. The company has a fifty day simple moving average of $48.65 and a 200-day simple moving average of $49.89. The stock has a market cap of $8.37 billion, a price-to-earnings ratio of 25.20 and a beta of 0.48. iShares MSCI India ETF has a 12-month low of $45.21 and a 12-month high of $55.50.

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.