IFM Investors Pty Ltd Acquires 149,500 Shares of iShares MSCI India ETF $INDA

IFM Investors Pty Ltd grew its position in shares of iShares MSCI India ETF (BATS:INDA) by 8.4% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 1,930,059 shares of the company’s stock after acquiring an additional 149,500 shares during the quarter. iShares MSCI India ETF makes up 0.9% of IFM Investors Pty Ltd’s holdings, making the stock its 14th largest holding. IFM Investors Pty Ltd’s holdings in iShares MSCI India ETF were worth $104,320,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of INDA. Alliancebernstein L.P. bought a new position in shares of iShares MSCI India ETF during the 3rd quarter valued at $120,217,000. Man Group plc lifted its holdings in shares of iShares MSCI India ETF by 96.0% during the 2nd quarter. Man Group plc now owns 3,755,500 shares of the company’s stock valued at $209,106,000 after buying an additional 1,839,360 shares during the period. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of iShares MSCI India ETF by 643.5% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,064,351 shares of the company’s stock valued at $55,342,000 after buying an additional 921,201 shares during the period. Phoenix Financial Ltd. lifted its holdings in shares of iShares MSCI India ETF by 91.2% during the 4th quarter. Phoenix Financial Ltd. now owns 1,916,772 shares of the company’s stock valued at $103,602,000 after buying an additional 914,310 shares during the period. Finally, Bessemer Group Inc. lifted its holdings in shares of iShares MSCI India ETF by 429,690.2% during the 4th quarter. Bessemer Group Inc. now owns 881,070 shares of the company’s stock valued at $47,622,000 after buying an additional 880,865 shares during the period.

iShares MSCI India ETF Price Performance

BATS INDA opened at $47.79 on Friday. The business’s fifty day moving average price is $48.58 and its 200-day moving average price is $50.84. The stock has a market capitalization of $8.30 billion, a price-to-earnings ratio of 25.20 and a beta of 0.48. iShares MSCI India ETF has a 1-year low of $45.21 and a 1-year high of $56.01.

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.