Pilgrim Partners Asia Pte Ltd Acquires New Holdings in iShares MSCI India ETF $INDA

Pilgrim Partners Asia Pte Ltd bought a new position in iShares MSCI India ETF (BATS:INDA) in the 3rd quarter, HoldingsChannel reports. The institutional investor bought 30,200 shares of the company’s stock, valued at approximately $1,572,000. iShares MSCI India ETF accounts for about 0.7% of Pilgrim Partners Asia Pte Ltd’s investment portfolio, making the stock its 26th largest holding.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. State of New Jersey Common Pension Fund D raised its position in shares of iShares MSCI India ETF by 2,067.3% in the second quarter. State of New Jersey Common Pension Fund D now owns 6,929,746 shares of the company’s stock valued at $385,848,000 after purchasing an additional 6,610,000 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of iShares MSCI India ETF by 97.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 7,518,409 shares of the company’s stock worth $418,625,000 after buying an additional 3,702,760 shares during the period. Vontobel Holding Ltd. grew its stake in iShares MSCI India ETF by 2,347.1% in the 2nd quarter. Vontobel Holding Ltd. now owns 2,771,778 shares of the company’s stock valued at $154,166,000 after buying an additional 2,658,509 shares during the last quarter. Man Group plc raised its holdings in iShares MSCI India ETF by 96.0% in the 2nd quarter. Man Group plc now owns 3,755,500 shares of the company’s stock worth $209,106,000 after acquiring an additional 1,839,360 shares during the period. Finally, IFM Investors Pty Ltd bought a new position in iShares MSCI India ETF in the 3rd quarter worth $93,034,000.

iShares MSCI India ETF Price Performance

iShares MSCI India ETF stock opened at $51.44 on Tuesday. iShares MSCI India ETF has a fifty-two week low of $47.60 and a fifty-two week high of $59.49. The firm has a fifty day moving average price of $53.58 and a two-hundred day moving average price of $53.50. The firm has a market cap of $8.93 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.