iShares MSCI India ETF (BATS:INDA) Shares Sold by Rhumbline Advisers

Rhumbline Advisers cut its holdings in iShares MSCI India ETF (BATS:INDA) by 11.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 280,091 shares of the company’s stock after selling 34,652 shares during the period. Rhumbline Advisers’ holdings in iShares MSCI India ETF were worth $14,744,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Blue Trust Inc. raised its stake in iShares MSCI India ETF by 4.6% in the fourth quarter. Blue Trust Inc. now owns 12,538 shares of the company’s stock valued at $660,000 after buying an additional 552 shares in the last quarter. Vontobel Holding Ltd. grew its holdings in shares of iShares MSCI India ETF by 41.3% during the fourth quarter. Vontobel Holding Ltd. now owns 183,946 shares of the company’s stock worth $9,698,000 after purchasing an additional 53,749 shares during the last quarter. Allspring Global Investments Holdings LLC grew its holdings in shares of iShares MSCI India ETF by 15.1% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 562,455 shares of the company’s stock worth $29,608,000 after purchasing an additional 73,705 shares during the last quarter. Avidian Wealth Enterprises LLC grew its holdings in shares of iShares MSCI India ETF by 4.4% during the fourth quarter. Avidian Wealth Enterprises LLC now owns 142,970 shares of the company’s stock worth $7,526,000 after purchasing an additional 6,045 shares during the last quarter. Finally, Leavell Investment Management Inc. grew its holdings in shares of iShares MSCI India ETF by 2.6% during the fourth quarter. Leavell Investment Management Inc. now owns 9,856 shares of the company’s stock worth $519,000 after purchasing an additional 248 shares during the last quarter.

iShares MSCI India ETF Stock Performance

Shares of INDA stock opened at $49.29 on Friday. The stock’s 50-day moving average is $51.64 and its two-hundred day moving average is $54.59. The firm has a market cap of $9.11 billion, a price-to-earnings ratio of 28.95 and a beta of 0.51. iShares MSCI India ETF has a 1 year low of $30.57 and a 1 year high of $38.21.

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.