Group One Trading LLC Takes $3.48 Million Position in iShares MSCI India ETF $INDA

Group One Trading LLC bought a new stake in iShares MSCI India ETF (BATS:INDA) in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 74,399 shares of the company’s stock, valued at approximately $3,485,000.

A number of other hedge funds have also recently added to or reduced their stakes in INDA. JPMorgan Chase & Co. increased its position in iShares MSCI India ETF by 8.7% during the fourth quarter. JPMorgan Chase & Co. now owns 4,911,540 shares of the company’s stock worth $265,469,000 after buying an additional 391,433 shares during the period. Man Group plc boosted its holdings in shares of iShares MSCI India ETF by 1.7% in the fourth quarter. Man Group plc now owns 4,501,107 shares of the company’s stock valued at $243,285,000 after acquiring an additional 76,197 shares during the period. Catalyst Capital Advisors LLC grew its position in shares of iShares MSCI India ETF by 30.4% during the first quarter. Catalyst Capital Advisors LLC now owns 3,120,382 shares of the company’s stock worth $146,159,000 after acquiring an additional 726,956 shares during the last quarter. Wellington Management Group LLP increased its holdings in shares of iShares MSCI India ETF by 9.6% in the 4th quarter. Wellington Management Group LLP now owns 2,911,671 shares of the company’s stock valued at $157,376,000 after acquiring an additional 254,355 shares during the period. Finally, Goldman Sachs Group Inc. increased its holdings in shares of iShares MSCI India ETF by 26.5% in the 4th quarter. Goldman Sachs Group Inc. now owns 2,617,410 shares of the company’s stock valued at $141,471,000 after acquiring an additional 547,738 shares during the period.

iShares MSCI India ETF Price Performance

INDA stock opened at $48.22 on Thursday. The company has a fifty day moving average price of $48.65 and a 200 day moving average price of $49.89. iShares MSCI India ETF has a 12 month low of $45.21 and a 12 month high of $55.50. The company has a market cap of $8.37 billion, a price-to-earnings ratio of 25.20 and a beta of 0.48.

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.