Franklin Resources Inc. Purchases 90,416 Shares of iShares MSCI India ETF (BATS:INDA)

Franklin Resources Inc. boosted its holdings in iShares MSCI India ETF (BATS:INDA) by 5.3% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 1,792,273 shares of the company’s stock after buying an additional 90,416 shares during the period. Franklin Resources Inc. owned 0.97% of iShares MSCI India ETF worth $94,345,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of INDA. Kestra Investment Management LLC purchased a new stake in shares of iShares MSCI India ETF during the fourth quarter worth about $26,000. HM Payson & Co. bought a new position in iShares MSCI India ETF in the 4th quarter worth approximately $26,000. Creative Capital Management Investments LLC purchased a new stake in iShares MSCI India ETF during the 4th quarter valued at approximately $30,000. GAMMA Investing LLC bought a new stake in shares of iShares MSCI India ETF during the fourth quarter valued at approximately $39,000. Finally, Finley Financial LLC purchased a new position in shares of iShares MSCI India ETF in the fourth quarter worth $41,000.

iShares MSCI India ETF Stock Performance

INDA opened at $51.58 on Thursday. The stock has a market capitalization of $8.88 billion, a price-to-earnings ratio of 23.59 and a beta of 0.54. The company has a fifty day moving average of $50.06 and a 200 day moving average of $53.23. iShares MSCI India ETF has a fifty-two week low of $47.60 and a fifty-two week high of $59.49.

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.