Sumitomo Mitsui Trust Group Inc. Sells 16,370 Shares of iShares MSCI India ETF $INDA

Sumitomo Mitsui Trust Group Inc. lowered its position in shares of iShares MSCI India ETF (BATS:INDA) by 57.5% during the third quarter, HoldingsChannel.com reports. The fund owned 12,117 shares of the company’s stock after selling 16,370 shares during the quarter. Sumitomo Mitsui Trust Group Inc.’s holdings in iShares MSCI India ETF were worth $566,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. The Manufacturers Life Insurance Company bought a new position in shares of iShares MSCI India ETF in the 2nd quarter worth about $190,170,000. Wellington Management Group LLP lifted its stake in shares of iShares MSCI India ETF by 42.4% in the 2nd quarter. Wellington Management Group LLP now owns 2,994,278 shares of the company’s stock valued at $147,887,000 after purchasing an additional 891,464 shares during the period. Royal Bank of Canada lifted its stake in shares of iShares MSCI India ETF by 68.0% in 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 during the period. State Street Corp boosted its position in shares of iShares MSCI India ETF by 88.8% during the 2nd quarter. State Street Corp now owns 1,550,158 shares of the company’s stock valued at $76,562,000 after purchasing an additional 728,900 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its position in shares of iShares MSCI India ETF by 4.0% during the 1st quarter. Bank of New York Mellon Corp now owns 1,524,563 shares of the company’s stock valued at $71,411,000 after purchasing an additional 58,258 shares in the last quarter.

iShares MSCI India ETF Price Performance

BATS INDA opened at $50.89 on Monday. The business has a 50 day simple moving average of $47.87 and a 200 day simple moving average of $49.14. iShares MSCI India ETF has a one year low of $45.21 and a one year high of $55.10. The stock has a market capitalization of $6.30 billion, a P/E ratio of 20.76 and a beta of 0.46.

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.