Sumitomo Mitsui Trust Group Inc. Sells 8,338 Shares of iShares MSCI India ETF (BATS:INDA)

Sumitomo Mitsui Trust Group Inc. trimmed its position in shares of iShares MSCI India ETF (BATS:INDA) by 5.6% during the 4th quarter, HoldingsChannel reports. The fund owned 140,383 shares of the company’s stock after selling 8,338 shares during the quarter. Sumitomo Mitsui Trust Group Inc.’s holdings in iShares MSCI India ETF were worth $7,390,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Highline Wealth Partners LLC bought a new stake in shares of iShares MSCI India ETF in the 3rd quarter valued at approximately $29,000. Activest Wealth Management acquired a new position in shares of iShares MSCI India ETF in the 3rd quarter worth approximately $40,000. American Capital Advisory LLC acquired a new position in shares of iShares MSCI India ETF in the 3rd quarter worth approximately $41,000. GAMMA Investing LLC acquired a new position in shares of iShares MSCI India ETF in the 4th quarter worth approximately $39,000. Finally, Gordian Capital Singapore Pte Ltd acquired a new position in shares of iShares MSCI India ETF in the 3rd quarter worth approximately $47,000.

iShares MSCI India ETF Trading Down 1.0 %

Shares of INDA opened at $50.41 on Friday. iShares MSCI India ETF has a 1 year low of $30.57 and a 1 year high of $38.21. The stock has a 50 day simple moving average of $52.35 and a 200-day simple moving average of $54.88. The stock has a market cap of $9.31 billion, a PE ratio of 28.95 and a beta of 0.51.

iShares MSCI India ETF 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.