City of London Investment Management Co. Ltd. Invests $4.13 Million in iShares MSCI India ETF (BATS:INDA)

City of London Investment Management Co. Ltd. bought a new position in shares of iShares MSCI India ETF (BATS:INDA) in the second quarter, according to the company in its most recent filing with the SEC. The fund bought 74,000 shares of the company’s stock, valued at approximately $4,128,000.

Several other hedge funds have also recently bought and sold shares of INDA. FineMark National Bank & Trust increased its stake in iShares MSCI India ETF by 3.6% during the 4th quarter. FineMark National Bank & Trust now owns 5,814 shares of the company’s stock worth $284,000 after buying an additional 200 shares during the period. Kingswood Wealth Advisors LLC purchased a new stake in iShares MSCI India ETF during the 2nd quarter worth approximately $219,000. Brookstone Capital Management raised its position in shares of iShares MSCI India ETF by 7.3% in the 1st quarter. Brookstone Capital Management now owns 22,749 shares of the company’s stock valued at $1,174,000 after purchasing an additional 1,556 shares in the last quarter. Prudential PLC boosted its stake in shares of iShares MSCI India ETF by 7.4% during the 4th quarter. Prudential PLC now owns 2,046,764 shares of the company’s stock valued at $99,903,000 after buying an additional 141,281 shares during the last quarter. Finally, Sun Life Financial Inc. grew its position in shares of iShares MSCI India ETF by 17.2% during the fourth quarter. Sun Life Financial Inc. now owns 2,844,800 shares of the company’s stock worth $138,855,000 after buying an additional 418,000 shares in the last quarter.

iShares MSCI India ETF Trading Up 0.2 %

Shares of BATS:INDA opened at $57.85 on Monday. The firm has a market cap of $10.69 billion, a PE ratio of 28.95 and a beta of 0.51. The company has a fifty day simple moving average of $56.65 and a 200 day simple moving average of $54.14. iShares MSCI India ETF has a 12-month low of $30.57 and a 12-month high of $38.21.

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.