SG Americas Securities LLC Purchases New Holdings in iShares MSCI India ETF $INDA

SG Americas Securities LLC purchased a new stake in iShares MSCI India ETF (BATS:INDA) in the fourth quarter, HoldingsChannel.com reports. The institutional investor purchased 97,176 shares of the company’s stock, valued at approximately $5,252,000.

Other institutional investors have also recently made changes to their positions in the company. Man Group plc raised its stake in shares of iShares MSCI India ETF by 17.8% during the 3rd quarter. Man Group plc now owns 4,424,910 shares of the company’s stock worth $230,361,000 after purchasing an additional 669,410 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its stake in shares of iShares MSCI India ETF by 10.7% in the second quarter. Arrowstreet Capital Limited Partnership now owns 4,215,575 shares of the company’s stock valued at $234,723,000 after buying an additional 406,176 shares in the last quarter. Vontobel Holding Ltd. grew its stake in shares of iShares MSCI India ETF by 0.3% in the third quarter. Vontobel Holding Ltd. now owns 2,780,668 shares of the company’s stock valued at $144,762,000 after buying an additional 8,890 shares in the last quarter. Alliancebernstein L.P. acquired a new position in iShares MSCI India ETF during the third quarter worth $120,217,000. Finally, IFM Investors Pty Ltd acquired a new position in iShares MSCI India ETF during the third quarter worth $93,034,000.

iShares MSCI India ETF Price Performance

Shares of INDA stock opened at $46.71 on Thursday. The company has a fifty day moving average price of $50.62 and a two-hundred day moving average price of $52.62. iShares MSCI India ETF has a one year low of $45.21 and a one year high of $56.01. The stock has a market cap of $8.11 billion, a P/E 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.