Nipun Capital L.P. Sells 178,600 Shares of iShares MSCI India ETF $INDA

Nipun Capital L.P. reduced its position in shares of iShares MSCI India ETF (BATS:INDA) by 10.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,594,345 shares of the company’s stock after selling 178,600 shares during the period. iShares MSCI India ETF accounts for about 1.7% of Nipun Capital L.P.’s portfolio, making the stock its 3rd largest holding. Nipun Capital L.P. owned 0.92% of iShares MSCI India ETF worth $83,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in INDA. Y Intercept Hong Kong Ltd purchased a new stake in shares of iShares MSCI India ETF during the second quarter worth $311,000. Janney Montgomery Scott LLC boosted its position in iShares MSCI India ETF by 19.4% during the second quarter. Janney Montgomery Scott LLC now owns 22,162 shares of the company’s stock worth $1,234,000 after acquiring an additional 3,604 shares during the last quarter. Yousif Capital Management LLC grew its stake in iShares MSCI India ETF by 14.0% during the 2nd quarter. Yousif Capital Management LLC now owns 829,075 shares of the company’s stock valued at $46,163,000 after acquiring an additional 101,950 shares in the last quarter. Perigon Wealth Management LLC raised its holdings in iShares MSCI India ETF by 627.0% in the 2nd quarter. Perigon Wealth Management LLC now owns 30,526 shares of the company’s stock valued at $1,700,000 after acquiring an additional 26,327 shares during the last quarter. Finally, Bank Julius Baer & Co. Ltd Zurich lifted its stake in iShares MSCI India ETF by 1,053.7% in the 2nd quarter. Bank Julius Baer & Co. Ltd Zurich now owns 366,050 shares of the company’s stock worth $20,382,000 after purchasing an additional 334,321 shares in the last quarter.

iShares MSCI India ETF Price Performance

Shares of iShares MSCI India ETF stock opened at $52.98 on Thursday. The stock’s 50 day simple moving average is $54.04 and its 200-day simple moving average is $53.81. The stock has a market cap of $9.20 billion, a P/E ratio of 25.20 and a beta of 0.48. iShares MSCI India ETF has a 1-year low of $47.60 and a 1-year high of $59.49.

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.