Bank of New York Mellon Corp Buys 228,036 Shares of iShares MSCI India ETF (BATS:INDA)

Bank of New York Mellon Corp increased its position in shares of iShares MSCI India ETF (BATS:INDA) by 2.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 8,257,248 shares of the company’s stock after purchasing an additional 228,036 shares during the quarter. Bank of New York Mellon Corp owned 4.47% of iShares MSCI India ETF worth $434,662,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in shares of iShares MSCI India ETF in the 3rd quarter valued at $175,931,000. Jennison Associates LLC acquired a new stake in iShares MSCI India ETF in the third quarter valued at about $64,771,000. BNP Paribas Financial Markets grew its position in iShares MSCI India ETF by 59.8% in the third quarter. BNP Paribas Financial Markets now owns 2,459,410 shares of the company’s stock valued at $143,949,000 after acquiring an additional 920,819 shares during the last quarter. Ninety One North America Inc. raised its stake in iShares MSCI India ETF by 2,928.6% during the fourth quarter. Ninety One North America Inc. now owns 647,858 shares of the company’s stock worth $34,103,000 after acquiring an additional 626,467 shares in the last quarter. Finally, Flow Traders U.S. LLC bought a new position in shares of iShares MSCI India ETF in the third quarter worth about $30,212,000.

iShares MSCI India ETF Trading Down 3.7 %

INDA opened at $49.04 on Thursday. The company’s 50 day moving average is $51.30 and its 200-day moving average is $54.45. The company has a market cap of $8.35 billion, a P/E ratio of 23.24 and a beta of 0.75. iShares MSCI India ETF has a 1-year low of $30.57 and a 1-year high of $38.21.

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.