iShares MSCI India ETF (BATS:INDA) Reaches New 52-Week High at $52.74

iShares MSCI India ETF (BATS:INDA) shares reached a new 52-week high on Monday . The company traded as high as $52.74 and last traded at $52.36, with a volume of 3722061 shares. The stock had previously closed at $52.73.

iShares MSCI India ETF Price Performance

The firm has a market capitalization of $9.61 billion, a P/E ratio of 28.95 and a beta of 0.51. The stock’s 50 day moving average is $51.63 and its two-hundred day moving average is $49.14.

Institutional Investors Weigh In On iShares MSCI India ETF

A number of institutional investors and hedge funds have recently modified their holdings of the business. Tradewinds Capital Management LLC increased its stake in iShares MSCI India ETF by 25,969.0% in the fourth quarter. Tradewinds Capital Management LLC now owns 602,975 shares of the company’s stock valued at $29,431,000 after purchasing an additional 600,662 shares in the last quarter. Deutsche Bank AG increased its stake in iShares MSCI India ETF by 0.5% in the third quarter. Deutsche Bank AG now owns 2,288,215 shares of the company’s stock valued at $101,185,000 after purchasing an additional 12,500 shares in the last quarter. HighTower Advisors LLC bought a new stake in iShares MSCI India ETF in the third quarter valued at approximately $608,000. Envestnet Asset Management Inc. increased its stake in iShares MSCI India ETF by 35.0% in the third quarter. Envestnet Asset Management Inc. now owns 87,259 shares of the company’s stock valued at $3,859,000 after purchasing an additional 22,601 shares in the last quarter. Finally, Channing Global Advisors LLC bought a new stake in iShares MSCI India ETF in the fourth quarter valued at approximately $4,203,000.

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.