iShares MSCI India ETF $INDA Stock Sold by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. cut its stake in shares of iShares MSCI India ETF (BATS:INDA) by 57.5% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 12,117 shares of the company’s stock after selling 16,370 shares during the period. Sumitomo Mitsui Trust Group Inc.’s holdings in iShares MSCI India ETF were worth $566,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. The Manufacturers Life Insurance Company bought a new stake in iShares MSCI India ETF during the 2nd quarter worth $190,170,000. Wellington Management Group LLP boosted its stake in shares of iShares MSCI India ETF by 42.4% during the second quarter. Wellington Management Group LLP now owns 2,994,278 shares of the company’s stock valued at $147,887,000 after purchasing an additional 891,464 shares in the last quarter. Royal Bank of Canada boosted its stake in shares of iShares MSCI India ETF by 68.0% during the first quarter. Royal Bank of Canada now owns 1,809,603 shares of the company’s stock valued at $84,763,000 after purchasing an additional 732,641 shares in the last quarter. State Street Corp grew its holdings in shares of iShares MSCI India ETF by 88.8% during the second quarter. State Street Corp now owns 1,550,158 shares of the company’s stock worth $76,562,000 after purchasing an additional 728,900 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its holdings in shares of iShares MSCI India ETF by 4.0% during the first quarter. Bank of New York Mellon Corp now owns 1,524,563 shares of the company’s stock worth $71,411,000 after purchasing an additional 58,258 shares during the last quarter.

iShares MSCI India ETF Price Performance

iShares MSCI India ETF stock opened at $50.89 on Monday. The business has a 50 day moving average of $47.87 and a 200-day moving average of $49.14. iShares MSCI India ETF has a 1 year low of $45.21 and a 1 year high of $55.10. The company has a market capitalization of $6.30 billion, a P/E ratio of 20.76 and a beta of 0.46.

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.