Hsbc Holdings PLC Purchases 116,004 Shares of iShares MSCI India ETF (BATS:INDA)

Hsbc Holdings PLC raised its holdings in shares of iShares MSCI India ETF (BATS:INDA) by 81.8% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 257,794 shares of the company’s stock after acquiring an additional 116,004 shares during the quarter. Hsbc Holdings PLC’s holdings in iShares MSCI India ETF were worth $14,375,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Jane Street Group LLC grew its position in iShares MSCI India ETF by 1,073.3% in the first quarter. Jane Street Group LLC now owns 16,108,870 shares of the company’s stock valued at $831,057,000 after purchasing an additional 14,735,874 shares in the last quarter. Granite Bay Wealth Management LLC lifted its position in iShares MSCI India ETF by 7,516.9% during the 2nd quarter. Granite Bay Wealth Management LLC now owns 9,434,018 shares of the company’s stock worth $498,917,000 after buying an additional 9,310,161 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in shares of iShares MSCI India ETF by 391.8% during the 2nd quarter. Bank of New York Mellon Corp now owns 7,739,052 shares of the company’s stock worth $431,684,000 after buying an additional 6,165,524 shares during the last quarter. OLD Mission Capital LLC bought a new position in shares of iShares MSCI India ETF in the 4th quarter valued at about $187,403,000. Finally, Varma Mutual Pension Insurance Co increased its position in shares of iShares MSCI India ETF by 386.7% in the second quarter. Varma Mutual Pension Insurance Co now owns 3,675,921 shares of the company’s stock valued at $205,043,000 after acquiring an additional 2,920,650 shares during the last quarter.

iShares MSCI India ETF Stock Performance

INDA opened at $58.74 on Monday. The business’s 50-day simple moving average is $56.78 and its 200 day simple moving average is $54.36. iShares MSCI India ETF has a 52-week low of $30.57 and a 52-week high of $38.21. The firm has a market capitalization of $10.85 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.