iShares MSCI India ETF $INDA Shares Sold by Legal & General Group Plc

Legal & General Group Plc lowered its position in shares of iShares MSCI India ETF (BATS:INDA) by 8.7% in the third quarter, Holdings Channel reports. The firm owned 2,965,466 shares of the company’s stock after selling 281,522 shares during the period. Legal & General Group Plc’s holdings in iShares MSCI India ETF were worth $154,397,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. MYDA Advisors LLC purchased a new position in iShares MSCI India ETF in the first quarter valued at approximately $1,030,000. Prospera Financial Services Inc acquired a new position in iShares MSCI India ETF during the second quarter valued at approximately $1,255,000. Midwest Trust Co purchased a new stake in iShares MSCI India ETF during the second quarter worth approximately $275,000. Allworth Financial LP grew its stake in iShares MSCI India ETF by 19.1% during the second quarter. Allworth Financial LP now owns 1,868 shares of the company’s stock worth $104,000 after buying an additional 300 shares during the period. Finally, PNC Financial Services Group Inc. increased its position in shares of iShares MSCI India ETF by 6.8% in the second quarter. PNC Financial Services Group Inc. now owns 38,083 shares of the company’s stock worth $2,120,000 after acquiring an additional 2,432 shares in the last quarter.

iShares MSCI India ETF Trading Down 1.5%

Shares of INDA stock opened at $48.52 on Friday. The company’s fifty day simple moving average is $52.35 and its 200-day simple moving average is $53.16. iShares MSCI India ETF has a 52 week low of $48.41 and a 52 week high of $56.01. The company has a market cap of $8.43 billion, a PE 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.