iShares MSCI India ETF $INDA Shares Sold by State of New Jersey Common Pension Fund D

State of New Jersey Common Pension Fund D lowered its stake in shares of iShares MSCI India ETF (BATS:INDA) by 27.2% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,043,372 shares of the company’s stock after selling 1,886,374 shares during the period. iShares MSCI India ETF comprises 1.0% of State of New Jersey Common Pension Fund D’s investment portfolio, making the stock its 14th biggest position. State of New Jersey Common Pension Fund D owned about 2.90% of iShares MSCI India ETF worth $262,558,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of the stock. Atlantic Union Bankshares Corp purchased a new stake in iShares MSCI India ETF during the 3rd quarter worth approximately $25,000. WealthShield Partners LLC increased its position in shares of iShares MSCI India ETF by 278.7% during the second quarter. WealthShield Partners LLC now owns 693 shares of the company’s stock worth $39,000 after purchasing an additional 510 shares in the last quarter. Briaud Financial Planning Inc acquired a new position in iShares MSCI India ETF in the 2nd quarter valued at $40,000. Twin Peaks Wealth Advisors LLC purchased a new position in iShares MSCI India ETF in the 2nd quarter valued at $40,000. Finally, Newbridge Financial Services Group Inc. boosted its stake in iShares MSCI India ETF by 54.9% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 945 shares of the company’s stock worth $53,000 after purchasing an additional 335 shares during the last quarter.

iShares MSCI India ETF Stock Down 0.4%

Shares of BATS INDA opened at $52.89 on Friday. The firm has a 50-day simple moving average of $53.17 and a 200-day simple moving average of $53.34. The stock has a market capitalization of $9.18 billion, a price-to-earnings ratio of 25.20 and a beta of 0.48. iShares MSCI India ETF has a 52 week low of $47.60 and a 52 week high of $56.01.

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.