Ninety One UK Ltd Sells 173,663 Shares of iShares MSCI India ETF (BATS:INDA)

Ninety One UK Ltd decreased its stake in iShares MSCI India ETF (BATS:INDA) by 22.4% in the 4th quarter, Holdings Channel.com reports. The firm owned 600,606 shares of the company’s stock after selling 173,663 shares during the quarter. Ninety One UK Ltd’s holdings in iShares MSCI India ETF were worth $31,616,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Highline Wealth Partners LLC acquired a new position in iShares MSCI India ETF in the 3rd quarter valued at approximately $29,000. Activest Wealth Management acquired a new position in iShares MSCI India ETF in the 3rd quarter valued at approximately $40,000. American Capital Advisory LLC acquired a new position in iShares MSCI India ETF in the 3rd quarter valued at approximately $41,000. GAMMA Investing LLC acquired a new position in iShares MSCI India ETF in the 4th quarter valued at approximately $39,000. Finally, Gordian Capital Singapore Pte Ltd acquired a new position in iShares MSCI India ETF in the 3rd quarter valued at approximately $47,000.

iShares MSCI India ETF Stock Performance

Shares of BATS INDA opened at $51.28 on Thursday. iShares MSCI India ETF has a 52-week low of $30.57 and a 52-week high of $38.21. The firm has a 50 day moving average price of $52.92 and a two-hundred day moving average price of $55.11. The stock has a market cap of $9.47 billion, a P/E ratio of 28.95 and a beta of 0.51.

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.