Pictet North America Advisors SA Sells 13,360 Shares of iShares MSCI India ETF (BATS:INDA)

Pictet North America Advisors SA decreased its position in shares of iShares MSCI India ETF (BATS:INDA) by 17.3% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 63,674 shares of the company’s stock after selling 13,360 shares during the period. Pictet North America Advisors SA’s holdings in iShares MSCI India ETF were worth $3,552,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Jane Street Group LLC raised its position in shares of iShares MSCI India ETF by 1,073.3% during the first quarter. Jane Street Group LLC now owns 16,108,870 shares of the company’s stock worth $831,057,000 after acquiring an additional 14,735,874 shares during 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 valued at $498,917,000 after purchasing an additional 9,310,161 shares during the period. 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. Sun Life Financial Inc. grew its position in shares of iShares MSCI India ETF by 17.2% during the 4th quarter. Sun Life Financial Inc. now owns 2,844,800 shares of the company’s stock worth $138,855,000 after buying an additional 418,000 shares during the period. Finally, Goldman Sachs Group Inc. raised its stake in shares of iShares MSCI India ETF by 3.7% during the fourth quarter. Goldman Sachs Group Inc. now owns 2,239,147 shares of the company’s stock worth $109,293,000 after buying an additional 80,404 shares during the last quarter.

iShares MSCI India ETF Stock Performance

INDA traded up $0.30 during trading on Friday, reaching $57.08. 3,138,313 shares of the company’s stock were exchanged. The company’s fifty day moving average price is $56.16 and its 200-day moving average price is $53.45. The firm has a market capitalization of $10.55 billion, a PE ratio of 28.95 and a beta of 0.51. iShares MSCI India ETF has a fifty-two week low of $30.57 and a fifty-two week high of $38.21.

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.