Smith Group Asset Management LLC Purchases 11,310 Shares of iShares MSCI India ETF $INDA

Smith Group Asset Management LLC raised its position in shares of iShares MSCI India ETF (BATS:INDA) by 63.0% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 29,260 shares of the company’s stock after buying an additional 11,310 shares during the period. Smith Group Asset Management LLC’s holdings in iShares MSCI India ETF were worth $1,371,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. Amundi boosted its holdings in shares of iShares MSCI India ETF by 4.2% in the 1st quarter. Amundi now owns 1,009,876 shares of the company’s stock worth $47,296,000 after acquiring an additional 40,362 shares in the last quarter. Royal Bank of Canada increased its holdings in iShares MSCI India ETF by 68.0% during the 1st quarter. Royal Bank of Canada now owns 1,809,603 shares of the company’s stock valued at $84,763,000 after purchasing an additional 732,641 shares in the last quarter. Gateway Wealth Partners LLC acquired a new stake in iShares MSCI India ETF during the 1st quarter valued at $281,000. Matrix Private Capital Group LLC acquired a new stake in iShares MSCI India ETF during the 1st quarter valued at $217,000. Finally, FCA Corp TX bought a new position in iShares MSCI India ETF in the 1st quarter valued at $553,000.

iShares MSCI India ETF Stock Performance

Shares of INDA opened at $49.38 on Wednesday. The company has a market cap of $8.57 billion, a price-to-earnings ratio of 25.20 and a beta of 0.48. The stock has a fifty day moving average price of $48.70 and a two-hundred day moving average price of $49.73. iShares MSCI India ETF has a 52-week low of $45.21 and a 52-week high of $55.50.

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.