IFM Investors Pty Ltd Invests $93.03 Million in iShares MSCI India ETF $INDA

IFM Investors Pty Ltd purchased a new position in shares of iShares MSCI India ETF (BATS:INDA) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 1,780,559 shares of the company’s stock, valued at approximately $93,034,000. iShares MSCI India ETF accounts for about 0.8% of IFM Investors Pty Ltd’s portfolio, making the stock its 18th biggest holding.

A number of other institutional investors have also recently bought and sold shares of INDA. Y Intercept Hong Kong Ltd bought a new position in shares of iShares MSCI India ETF in the second quarter worth $311,000. Janney Montgomery Scott LLC increased its holdings in iShares MSCI India ETF by 19.4% in the 2nd quarter. Janney Montgomery Scott LLC now owns 22,162 shares of the company’s stock valued at $1,234,000 after buying an additional 3,604 shares during the period. Yousif Capital Management LLC increased its holdings in iShares MSCI India ETF by 14.0% in the 2nd quarter. Yousif Capital Management LLC now owns 829,075 shares of the company’s stock valued at $46,163,000 after buying an additional 101,950 shares during the period. Perigon Wealth Management LLC raised its position in shares of iShares MSCI India ETF by 627.0% in the 2nd quarter. Perigon Wealth Management LLC now owns 30,526 shares of the company’s stock valued at $1,700,000 after buying an additional 26,327 shares in the last quarter. Finally, Bank Julius Baer & Co. Ltd Zurich lifted its holdings in shares of iShares MSCI India ETF by 1,053.7% during the 2nd quarter. Bank Julius Baer & Co. Ltd Zurich now owns 366,050 shares of the company’s stock worth $20,382,000 after acquiring an additional 334,321 shares during the period.

iShares MSCI India ETF Trading Up 6.9%

Shares of BATS INDA opened at $54.45 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 cap of $9.45 billion, a price-to-earnings ratio of 25.20 and a beta of 0.48. The stock has a 50-day moving average price of $54.14 and a two-hundred day moving average price of $53.80.

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.