New York Life Investment Management LLC Acquires 151,399 Shares of iShares MSCI India ETF (BATS:INDA)

New York Life Investment Management LLC increased its holdings in shares of iShares MSCI India ETF (BATS:INDA) by 75.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 351,827 shares of the company’s stock after purchasing an additional 151,399 shares during the quarter. New York Life Investment Management LLC owned approximately 0.19% of iShares MSCI India ETF worth $19,625,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in INDA. Founders Capital Management bought a new stake in iShares MSCI India ETF in the 2nd quarter valued at $28,000. Principal Securities Inc. purchased a new stake in shares of iShares MSCI India ETF in the fourth quarter worth about $29,000. Bogart Wealth LLC purchased a new stake in shares of iShares MSCI India ETF in the first quarter worth about $33,000. Spire Wealth Management boosted its stake in iShares MSCI India ETF by 168.8% during the fourth quarter. Spire Wealth Management now owns 637 shares of the company’s stock valued at $32,000 after buying an additional 400 shares during the last quarter. Finally, Park Place Capital Corp purchased a new position in iShares MSCI India ETF during the 2nd quarter valued at approximately $36,000.

iShares MSCI India ETF Stock Down 1.3 %

iShares MSCI India ETF stock opened at $56.51 on Friday. iShares MSCI India ETF has a 52-week low of $30.57 and a 52-week high of $38.21. The firm’s fifty day moving average is $56.55 and its 200 day moving average is $53.90. The company has a market cap of $10.44 billion, a price-to-earnings ratio of 28.95 and a beta of 0.51.

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.