The Manufacturers Life Insurance Company Takes Position in iShares MSCI India ETF $INDA

The Manufacturers Life Insurance Company purchased a new position in shares of iShares MSCI India ETF (BATS:INDA) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 3,850,373 shares of the company’s stock, valued at approximately $190,170,000. The Manufacturers Life Insurance Company owned approximately 2.22% of iShares MSCI India ETF as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in INDA. NewEdge Advisors LLC raised its holdings in shares of iShares MSCI India ETF by 18.7% during the second quarter. NewEdge Advisors LLC now owns 15,122 shares of the company’s stock worth $747,000 after acquiring an additional 2,384 shares during the period. IFP Advisors Inc boosted its stake in iShares MSCI India ETF by 13.1% in the 2nd quarter. IFP Advisors Inc now owns 2,448 shares of the company’s stock worth $121,000 after purchasing an additional 283 shares during the period. Waverly Advisors LLC increased its holdings in iShares MSCI India ETF by 1.7% during the 2nd quarter. Waverly Advisors LLC now owns 78,294 shares of the company’s stock worth $3,867,000 after purchasing an additional 1,341 shares in the last quarter. Corient Private Wealth LP raised its stake in shares of iShares MSCI India ETF by 26.1% in the 2nd quarter. Corient Private Wealth LP now owns 117,018 shares of the company’s stock valued at $5,780,000 after purchasing an additional 24,190 shares during the period. Finally, HB Wealth Management LLC raised its stake in shares of iShares MSCI India ETF by 3.8% in the 2nd quarter. HB Wealth Management LLC now owns 14,777 shares of the company’s stock valued at $730,000 after purchasing an additional 547 shares during the period.

iShares MSCI India ETF Trading Down 1.2%

Shares of INDA opened at $48.11 on Friday. iShares MSCI India ETF has a 12 month low of $45.21 and a 12 month high of $55.50. The firm has a fifty day simple moving average of $49.40 and a 200 day simple moving average of $49.05. The stock has a market capitalization of $8.35 billion, a price-to-earnings ratio of 25.20 and a beta of 0.48.

iShares MSCI India ETF Company 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.