iShares MSCI India ETF (BATS:INDA) Hits New 52-Week High at $57.62

iShares MSCI India ETF (BATS:INDA) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $57.62 and last traded at $57.27, with a volume of 4080203 shares traded. The stock had previously closed at $57.72.

iShares MSCI India ETF Stock Down 0.8 %

The business’s 50 day simple moving average is $56.42 and its 200 day simple moving average is $53.77. The stock has a market cap of $10.58 billion, a price-to-earnings ratio of 28.95 and a beta of 0.51.

Hedge Funds Weigh In On iShares MSCI India ETF

A number of institutional investors have recently bought and sold shares of INDA. Angeles Wealth Management LLC bought a new position in shares of iShares MSCI India ETF during the 2nd quarter worth approximately $25,000. Founders Capital Management acquired a new stake in iShares MSCI India ETF during the 2nd quarter valued at $28,000. Abound Wealth Management bought a new position in iShares MSCI India ETF during the second quarter worth $28,000. Principal Securities Inc. acquired a new position in shares of iShares MSCI India ETF in the fourth quarter valued at $29,000. Finally, Bogart Wealth LLC bought a new position in shares of iShares MSCI India ETF in the first quarter valued at about $33,000.

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.