57,980 Shares in iShares MSCI India ETF $INDA Purchased by Beacon Advisors Holdings LLC

Beacon Advisors Holdings LLC purchased a new stake in shares of iShares MSCI India ETF (BATS:INDA) in the fourth quarter, HoldingsChannel.com reports. The institutional investor purchased 57,980 shares of the company’s stock, valued at approximately $3,134,000. iShares MSCI India ETF makes up about 1.7% of Beacon Advisors Holdings LLC’s portfolio, making the stock its 19th largest holding.

Several other institutional investors have also added to or reduced their stakes in INDA. MYDA Advisors LLC bought a new stake in iShares MSCI India ETF in the 1st quarter worth approximately $1,030,000. Invesco Ltd. boosted its position in shares of iShares MSCI India ETF by 7.0% during the 2nd quarter. Invesco Ltd. now owns 583,029 shares of the company’s stock valued at $32,463,000 after acquiring an additional 38,190 shares during the last quarter. Baird Financial Group Inc. purchased a new position in shares of iShares MSCI India ETF in the second quarter valued at $350,000. Cerity Partners LLC grew its holdings in shares of iShares MSCI India ETF by 29.7% in the second quarter. Cerity Partners LLC now owns 81,113 shares of the company’s stock valued at $4,516,000 after purchasing an additional 18,593 shares in the last quarter. Finally, Qube Research & Technologies Ltd purchased a new position in shares of iShares MSCI India ETF in the second quarter valued at $354,000.

iShares MSCI India ETF Stock Performance

Shares of INDA opened at $49.58 on Friday. The stock has a market capitalization of $8.61 billion, a PE ratio of 25.20 and a beta of 0.48. The company’s fifty day moving average is $48.80 and its 200 day moving average is $50.65. iShares MSCI India ETF has a fifty-two week low of $45.21 and a fifty-two week high of $56.01.

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.