Mirae Asset Global Investments Co. Ltd. Sells 106,800 Shares of iShares MSCI India ETF (BATS:INDA)

Mirae Asset Global Investments Co. Ltd. trimmed its holdings in iShares MSCI India ETF (BATS:INDA) by 26.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 300,026 shares of the company’s stock after selling 106,800 shares during the period. Mirae Asset Global Investments Co. Ltd. owned 0.16% of iShares MSCI India ETF worth $15,793,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in INDA. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in iShares MSCI India ETF during the 3rd quarter valued at $175,931,000. BNP Paribas Financial Markets raised its position in shares of iShares MSCI India ETF by 59.8% in the third quarter. BNP Paribas Financial Markets now owns 2,459,410 shares of the company’s stock valued at $143,949,000 after purchasing an additional 920,819 shares during the period. LPL Financial LLC lifted its stake in shares of iShares MSCI India ETF by 11.3% during the 3rd quarter. LPL Financial LLC now owns 1,846,865 shares of the company’s stock worth $108,097,000 after buying an additional 187,940 shares during the last quarter. State Street Corp boosted its holdings in shares of iShares MSCI India ETF by 5.6% during the 3rd quarter. State Street Corp now owns 1,596,796 shares of the company’s stock worth $93,460,000 after buying an additional 84,250 shares during the period. Finally, Raymond James & Associates grew its stake in iShares MSCI India ETF by 4.4% in the 3rd quarter. Raymond James & Associates now owns 1,469,651 shares of the company’s stock valued at $86,019,000 after buying an additional 61,784 shares during the last quarter.

iShares MSCI India ETF Stock Up 0.7 %

Shares of INDA stock opened at $51.28 on Thursday. iShares MSCI India ETF has a 12-month low of $30.57 and a 12-month high of $38.21. The company has a market capitalization of $9.47 billion, a PE ratio of 28.95 and a beta of 0.51. The firm has a 50 day moving average price of $52.92 and a two-hundred day moving average price of $55.11.

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.