Global Endowment Management LP Sells 19,500 Shares of iShares MSCI India ETF $INDA

Global Endowment Management LP lessened its holdings in iShares MSCI India ETF (BATS:INDA) by 55.7% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 15,500 shares of the company’s stock after selling 19,500 shares during the period. Global Endowment Management LP’s holdings in iShares MSCI India ETF were worth $807,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in INDA. JPMorgan Chase & Co. grew its stake in iShares MSCI India ETF by 97.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 7,518,409 shares of the company’s stock worth $418,625,000 after buying an additional 3,702,760 shares in the last quarter. Man Group plc increased its position in iShares MSCI India ETF by 96.0% during the second quarter. Man Group plc now owns 3,755,500 shares of the company’s stock worth $209,106,000 after buying an additional 1,839,360 shares in the last quarter. IFM Investors Pty Ltd acquired a new position in shares of iShares MSCI India ETF in the 3rd quarter valued at approximately $93,034,000. Geode Capital Management LLC boosted its position in shares of iShares MSCI India ETF by 44.8% during the 2nd quarter. Geode Capital Management LLC now owns 4,541,678 shares of the company’s stock valued at $252,881,000 after purchasing an additional 1,405,731 shares in the last quarter. Finally, Fosun International Ltd bought a new position in shares of iShares MSCI India ETF in the second quarter worth about $67,673,000.

iShares MSCI India ETF Stock Down 1.5%

BATS INDA opened at $48.52 on Friday. The business has a 50-day moving average price of $52.35 and a 200-day moving average price of $53.16. iShares MSCI India ETF has a twelve month low of $48.41 and a twelve month high of $56.01. The firm has a market cap of $8.43 billion, a price-to-earnings ratio of 25.20 and a beta of 0.48.

About iShares MSCI India ETF

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.