iShares MSCI India ETF (BATS:INDA) Reaches New 12-Month High – Here’s What Happened

iShares MSCI India ETF (BATS:INDA) shares reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $55.00 and last traded at $55.17, with a volume of 5571045 shares traded. The stock had previously closed at $54.71.

iShares MSCI India ETF Trading Down 0.5 %

The stock’s 50 day moving average price is $57.24 and its 200 day moving average price is $55.45. The firm has a market cap of $10.16 billion, a PE ratio of 28.95 and a beta of 0.51.

Institutional Trading of iShares MSCI India ETF

Hedge funds have recently made changes to their positions in the company. Jane Street Group LLC boosted its stake in shares of iShares MSCI India ETF by 1,073.3% in the first quarter. Jane Street Group LLC now owns 16,108,870 shares of the company’s stock valued at $831,057,000 after purchasing an additional 14,735,874 shares during the period. Granite Bay Wealth Management LLC boosted its position in iShares MSCI India ETF by 7,516.9% in the 2nd quarter. Granite Bay Wealth Management LLC now owns 9,434,018 shares of the company’s stock valued at $498,917,000 after buying an additional 9,310,161 shares during the last quarter. Bank of New York Mellon Corp grew its stake in shares of iShares MSCI India ETF by 391.8% during the second quarter. Bank of New York Mellon Corp now owns 7,739,052 shares of the company’s stock valued at $431,684,000 after acquiring an additional 6,165,524 shares in the last quarter. Varma Mutual Pension Insurance Co increased its position in shares of iShares MSCI India ETF by 386.7% during the second quarter. Varma Mutual Pension Insurance Co now owns 3,675,921 shares of the company’s stock worth $205,043,000 after acquiring an additional 2,920,650 shares during the last quarter. Finally, Ensign Peak Advisors Inc lifted its stake in shares of iShares MSCI India ETF by 10.6% in the second quarter. Ensign Peak Advisors Inc now owns 2,468,705 shares of the company’s stock worth $137,704,000 after acquiring an additional 236,145 shares in the last quarter.

iShares MSCI India ETF Company 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.