Rafferty Asset Management LLC Sells 53,294 Shares of iShares MSCI India ETF $INDA

Rafferty Asset Management LLC decreased its holdings in shares of iShares MSCI India ETF (BATS:INDA) by 8.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 582,608 shares of the company’s stock after selling 53,294 shares during the quarter. Rafferty Asset Management LLC’s holdings in iShares MSCI India ETF were worth $30,331,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. JPMorgan Chase & Co. lifted its position in iShares MSCI India ETF by 97.0% during the second quarter. JPMorgan Chase & Co. now owns 7,518,409 shares of the company’s stock valued at $418,625,000 after purchasing an additional 3,702,760 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of iShares MSCI India ETF by 44.8% during the 2nd quarter. Geode Capital Management LLC now owns 4,541,678 shares of the company’s stock worth $252,881,000 after acquiring an additional 1,405,731 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its position in iShares MSCI India ETF by 10.7% in the second quarter. Arrowstreet Capital Limited Partnership now owns 4,215,575 shares of the company’s stock worth $234,723,000 after acquiring an additional 406,176 shares in the last quarter. Man Group plc grew its position in iShares MSCI India ETF by 96.0% in the second 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. Finally, Vontobel Holding Ltd. increased its stake in iShares MSCI India ETF by 0.3% in the third quarter. Vontobel Holding Ltd. now owns 2,780,668 shares of the company’s stock valued at $144,762,000 after acquiring an additional 8,890 shares during the last quarter.

iShares MSCI India ETF Stock Down 0.6%

BATS INDA opened at $52.27 on Friday. The stock’s 50-day simple moving average is $53.07 and its two-hundred day simple moving average is $53.37. iShares MSCI India ETF has a twelve month low of $47.60 and a twelve month high of $56.01. The company has a market capitalization of $9.08 billion, a price-to-earnings ratio of 25.20 and a beta of 0.48.

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.