Murphy & Mullick Capital Management Corp Makes New $286,000 Investment in iShares MSCI India ETF (BATS:INDA)

Murphy & Mullick Capital Management Corp bought a new position in shares of iShares MSCI India ETF (BATS:INDA) during the fourth quarter, HoldingsChannel.com reports. The firm bought 5,424 shares of the company’s stock, valued at approximately $286,000.

Several other hedge funds also recently made changes to their positions in the business. Cerity Partners LLC boosted its stake in shares of iShares MSCI India ETF by 563.6% in the third quarter. Cerity Partners LLC now owns 149,274 shares of the company’s stock valued at $8,737,000 after buying an additional 126,778 shares during the period. Loomis Sayles & Co. L P lifted its position in shares of iShares MSCI India ETF by 40.4% during the 3rd quarter. Loomis Sayles & Co. L P now owns 7,002 shares of the company’s stock valued at $410,000 after acquiring an additional 2,015 shares during the period. Private Trust Co. NA increased its position in shares of iShares MSCI India ETF by 72.7% in the third quarter. Private Trust Co. NA now owns 2,183 shares of the company’s stock worth $128,000 after purchasing an additional 919 shares during the period. The Manufacturers Life Insurance Company raised its stake in iShares MSCI India ETF by 29.8% in the third quarter. The Manufacturers Life Insurance Company now owns 966,971 shares of the company’s stock valued at $56,597,000 after purchasing an additional 222,136 shares in the last quarter. Finally, Dai ichi Life Insurance Company Ltd acquired a new position in iShares MSCI India ETF in the third quarter valued at about $207,000.

iShares MSCI India ETF Stock Up 2.2 %

Shares of iShares MSCI India ETF stock opened at $52.05 on Wednesday. iShares MSCI India ETF has a 12-month low of $47.60 and a 12-month high of $59.49. The company has a market capitalization of $8.86 billion, a price-to-earnings ratio of 22.55 and a beta of 0.75. The firm’s 50-day moving average price is $50.00 and its two-hundred day moving average price is $53.45.

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.