Sun Life Financial Inc. Buys 9,900 Shares of iShares MSCI India ETF $INDA

Sun Life Financial Inc. grew its stake in shares of iShares MSCI India ETF (BATS:INDA) by 3.2% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 316,000 shares of the company’s stock after acquiring an additional 9,900 shares during the quarter. iShares MSCI India ETF comprises about 1.0% of Sun Life Financial Inc.’s portfolio, making the stock its 18th biggest holding. Sun Life Financial Inc. owned approximately 0.18% of iShares MSCI India ETF worth $17,595,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. 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 worth $418,625,000 after purchasing an additional 3,702,760 shares during the period. State of New Jersey Common Pension Fund D increased its stake in shares of iShares MSCI India ETF by 2,067.3% in the 2nd quarter. State of New Jersey Common Pension Fund D now owns 6,929,746 shares of the company’s stock valued at $385,848,000 after purchasing an additional 6,610,000 shares during the last quarter. Geode Capital Management LLC raised 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 buying an additional 1,405,731 shares in the last quarter. Vontobel Holding Ltd. boosted its stake in iShares MSCI India ETF by 2,347.1% in the second quarter. Vontobel Holding Ltd. now owns 2,771,778 shares of the company’s stock valued at $154,166,000 after buying an additional 2,658,509 shares in the last quarter. Finally, Nipun Capital L.P. grew its position in iShares MSCI India ETF by 1.3% in the second quarter. Nipun Capital L.P. now owns 1,772,945 shares of the company’s stock valued at $98,718,000 after acquiring an additional 23,000 shares during the last quarter.

iShares MSCI India ETF Trading Up 6.6%

INDA opened at $54.31 on Tuesday. The company has a market cap of $9.43 billion, a P/E ratio of 25.20 and a beta of 0.48. The company’s 50 day moving average is $53.83 and its 200-day moving average is $53.90. 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.