City of London Investment Management Co. Ltd. Has $15.27 Million Stock Position in iShares MSCI India ETF $INDA

City of London Investment Management Co. Ltd. grew its holdings in iShares MSCI India ETF (BATS:INDA) by 1,136.5% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 293,269 shares of the company’s stock after acquiring an additional 269,551 shares during the quarter. iShares MSCI India ETF accounts for approximately 1.1% of City of London Investment Management Co. Ltd.’s investment portfolio, making the stock its 21st biggest position. City of London Investment Management Co. Ltd. owned about 0.17% of iShares MSCI India ETF worth $15,268,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Atlantic Union Bankshares Corp bought a new position in iShares MSCI India ETF during the third quarter worth about $25,000. Arrowpoint Investment Partners Singapore Pte. Ltd. bought a new stake in iShares MSCI India ETF in the 3rd quarter valued at about $26,000. Ravenswood Partners LP bought a new stake in iShares MSCI India ETF in the 3rd quarter valued at about $27,000. WealthShield Partners LLC grew its position in shares of iShares MSCI India ETF by 278.7% during the 2nd 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. Finally, Twin Peaks Wealth Advisors LLC acquired a new position in shares of iShares MSCI India ETF during the 2nd quarter worth approximately $40,000.

iShares MSCI India ETF Trading Down 0.9%

Shares of INDA opened at $48.06 on Friday. iShares MSCI India ETF has a 12 month low of $47.92 and a 12 month high of $56.01. The firm’s 50 day moving average is $52.22 and its 200-day moving average is $53.13. The stock has a market capitalization of $8.35 billion, a PE ratio of 25.20 and a beta of 0.48.

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.