William Blair Investment Management LLC Invests $2.27 Million in iShares MSCI India ETF (BATS:INDA)

William Blair Investment Management LLC purchased a new stake in iShares MSCI India ETF (BATS:INDA) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 43,200 shares of the company’s stock, valued at approximately $2,274,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in INDA. Merit Financial Group LLC lifted its holdings in iShares MSCI India ETF by 153.3% during the fourth quarter. Merit Financial Group LLC now owns 10,434 shares of the company’s stock valued at $549,000 after purchasing an additional 6,314 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in iShares MSCI India ETF by 5.5% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 40,415 shares of the company’s stock valued at $2,127,000 after buying an additional 2,114 shares in the last quarter. Geode Capital Management LLC acquired a new stake in iShares MSCI India ETF in the 3rd quarter worth about $6,059,000. Ameliora Wealth Management Ltd. increased its stake in iShares MSCI India ETF by 17.0% during the 4th quarter. Ameliora Wealth Management Ltd. now owns 100,425 shares of the company’s stock worth $5,292,000 after buying an additional 14,579 shares in the last quarter. Finally, MassMutual Private Wealth & Trust FSB increased its stake in iShares MSCI India ETF by 1,390.8% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 1,938 shares of the company’s stock worth $102,000 after buying an additional 1,808 shares in the last quarter.

iShares MSCI India ETF Price Performance

BATS INDA opened at $50.61 on Thursday. The stock’s 50 day simple moving average is $50.01 and its 200-day simple moving average is $53.64. The company has a market cap of $8.62 billion, a PE ratio of 22.55 and a beta of 0.75. iShares MSCI India ETF has a 1-year low of $47.60 and a 1-year 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.