iShares MSCI India ETF $INDA Stake Raised by Truist Financial Corp

Truist Financial Corp increased its holdings in iShares MSCI India ETF (BATS:INDA) by 3.5% in the 4th quarter, Holdings Channel reports. The fund owned 551,737 shares of the company’s stock after purchasing an additional 18,574 shares during the period. Truist Financial Corp’s holdings in iShares MSCI India ETF were worth $29,821,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of INDA. Alliancebernstein L.P. purchased a new stake in iShares MSCI India ETF in the 3rd quarter worth about $120,217,000. Man Group plc lifted its stake in iShares MSCI India ETF by 96.0% in the 2nd quarter. Man Group plc now owns 3,755,500 shares of the company’s stock worth $209,106,000 after acquiring an additional 1,839,360 shares in the last quarter. Phoenix Financial Ltd. lifted its stake in iShares MSCI India ETF by 1,612.7% in the 3rd quarter. Phoenix Financial Ltd. now owns 1,002,462 shares of the company’s stock worth $52,188,000 after acquiring an additional 943,931 shares in the last quarter. Causeway Capital Management LLC raised its stake in shares of iShares MSCI India ETF by 385.2% during the 3rd quarter. Causeway Capital Management LLC now owns 1,054,005 shares of the company’s stock worth $54,872,000 after purchasing an additional 836,765 shares in the last quarter. Finally, Qube Research & Technologies Ltd raised its stake in shares of iShares MSCI India ETF by 10,084.5% during the 3rd quarter. Qube Research & Technologies Ltd now owns 646,819 shares of the company’s stock worth $33,673,000 after purchasing an additional 640,468 shares in the last quarter.

iShares MSCI India ETF Price Performance

INDA opened at $49.16 on Wednesday. iShares MSCI India ETF has a fifty-two week low of $45.21 and a fifty-two week high of $56.01. The business has a 50-day moving average of $49.07 and a 200-day moving average of $52.03. The company has a market capitalization of $8.54 billion, a PE 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.