GFS Advisors LLC Invests $489,000 in iShares MSCI India ETF (BATS:INDA)

GFS Advisors LLC bought a new stake in iShares MSCI India ETF (BATS:INDA) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 9,286 shares of the company’s stock, valued at approximately $489,000.

Other hedge funds have also recently added to or reduced their stakes in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in shares of iShares MSCI India ETF in the third quarter valued at about $175,931,000. Jennison Associates LLC acquired a new stake in iShares MSCI India ETF during the 3rd quarter worth approximately $64,771,000. BNP Paribas Financial Markets grew its stake in shares of iShares MSCI India ETF by 59.8% in the 3rd quarter. BNP Paribas Financial Markets now owns 2,459,410 shares of the company’s stock valued at $143,949,000 after purchasing an additional 920,819 shares during the last quarter. Flow Traders U.S. LLC acquired a new position in shares of iShares MSCI India ETF in the third quarter valued at approximately $30,212,000. Finally, Point72 Europe London LLP increased its holdings in shares of iShares MSCI India ETF by 133.6% in the third quarter. Point72 Europe London LLP now owns 100,700 shares of the company’s stock valued at $5,894,000 after purchasing an additional 400,700 shares during the period.

iShares MSCI India ETF Price Performance

Shares of BATS INDA opened at $51.01 on Friday. The stock has a fifty day moving average price of $53.13 and a 200 day moving average price of $55.24. iShares MSCI India ETF has a 1-year low of $30.57 and a 1-year high of $38.21. The company has a market cap of $9.42 billion, a PE 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.