State of New Jersey Common Pension Fund D Sells 77,377 Shares of iShares MSCI India ETF $INDA

State of New Jersey Common Pension Fund D decreased its stake in iShares MSCI India ETF (BATS:INDA) by 1.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,965,995 shares of the company’s stock after selling 77,377 shares during the period. iShares MSCI India ETF comprises about 1.0% of State of New Jersey Common Pension Fund D’s investment portfolio, making the stock its 16th biggest position. State of New Jersey Common Pension Fund D owned 2.86% of iShares MSCI India ETF worth $268,412,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in the company. Man Group plc raised its holdings in shares of iShares MSCI India ETF by 17.8% during the 3rd quarter. Man Group plc now owns 4,424,910 shares of the company’s stock valued at $230,361,000 after buying an additional 669,410 shares in the last quarter. Alliancebernstein L.P. purchased a new position in iShares MSCI India ETF in the 3rd quarter worth approximately $120,217,000. Ninety One North America Inc. boosted its holdings in shares of iShares MSCI India ETF by 29.7% during the 4th quarter. Ninety One North America Inc. now owns 1,107,777 shares of the company’s stock valued at $59,875,000 after acquiring an additional 253,452 shares during the last quarter. Causeway Capital Management LLC boosted its holdings in iShares MSCI India ETF by 385.2% in the third quarter. Causeway Capital Management LLC now owns 1,054,005 shares of the company’s stock worth $54,872,000 after purchasing an additional 836,765 shares during the last quarter. Finally, Phoenix Financial Ltd. grew its position in iShares MSCI India ETF by 1,612.7% in the 3rd quarter. Phoenix Financial Ltd. now owns 1,002,462 shares of the company’s stock worth $52,188,000 after purchasing an additional 943,931 shares during the period.

iShares MSCI India ETF Price Performance

BATS INDA opened at $49.03 on Thursday. The business’s fifty day moving average price is $49.21 and its 200-day moving average price is $52.09. iShares MSCI India ETF has a 1-year low of $45.21 and a 1-year high of $56.01. The stock has a market capitalization of $8.51 billion, a price-to-earnings 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.