iShares MSCI India ETF (BATS:INDA) Hits New 12-Month High at $56.81

iShares MSCI India ETF (BATS:INDA) shares hit a new 52-week high on Monday . The stock traded as high as $56.81 and last traded at $56.63, with a volume of 3936058 shares changing hands. The stock had previously closed at $56.66.

iShares MSCI India ETF Stock Performance

The firm has a market cap of $10.48 billion, a PE ratio of 28.95 and a beta of 0.51. The company’s 50-day simple moving average is $54.12 and its two-hundred day simple moving average is $51.89.

Institutional Investors Weigh In On iShares MSCI India ETF

A number of large investors have recently made changes to their positions in the business. Founders Capital Management bought a new stake in iShares MSCI India ETF in the second quarter valued at $28,000. Principal Securities Inc. bought a new stake in shares of iShares MSCI India ETF during the 4th quarter valued at about $29,000. Tower Research Capital LLC TRC increased its position in shares of iShares MSCI India ETF by 360.0% during the fourth quarter. Tower Research Capital LLC TRC now owns 621 shares of the company’s stock valued at $30,000 after buying an additional 486 shares during the period. Spire Wealth Management lifted its holdings in iShares MSCI India ETF by 168.8% in the fourth quarter. Spire Wealth Management now owns 637 shares of the company’s stock worth $32,000 after buying an additional 400 shares during the period. Finally, Bogart Wealth LLC purchased a new position in shares of iShares MSCI India ETF during the 1st quarter worth approximately $33,000.

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.