USS Investment Management Ltd Invests $70.85 Million in iShares MSCI India ETF $INDA

USS Investment Management Ltd purchased a new position in shares of iShares MSCI India ETF (BATS:INDA) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 1,310,424 shares of the company’s stock, valued at approximately $70,848,000. USS Investment Management Ltd owned approximately 0.75% of iShares MSCI India ETF at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of INDA. Alliancebernstein L.P. purchased a new stake in shares of iShares MSCI India ETF during the third quarter worth about $120,217,000. The Manufacturers Life Insurance Company purchased a new stake in shares of iShares MSCI India ETF during the fourth quarter worth about $102,238,000. Man Group plc grew its holdings in shares of iShares MSCI India ETF by 96.0% during the second quarter. Man Group plc now owns 3,755,500 shares of the company’s stock worth $209,106,000 after buying an additional 1,839,360 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of iShares MSCI India ETF by 643.5% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,064,351 shares of the company’s stock worth $55,342,000 after buying an additional 921,201 shares in the last quarter. Finally, Phoenix Financial Ltd. grew its holdings in shares of iShares MSCI India ETF by 91.2% during the fourth quarter. Phoenix Financial Ltd. now owns 1,916,772 shares of the company’s stock worth $103,602,000 after buying an additional 914,310 shares in the last quarter.

iShares MSCI India ETF Price Performance

Shares of BATS INDA opened at $48.33 on Monday. The company has a market cap of $8.39 billion, a PE ratio of 25.20 and a beta of 0.48. iShares MSCI India ETF has a 12 month low of $45.21 and a 12 month high of $56.01. The company has a 50-day simple moving average of $48.61 and a 200-day simple moving average of $50.80.

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.