The Manufacturers Life Insurance Company Buys 222,136 Shares of iShares MSCI India ETF (BATS:INDA)

The Manufacturers Life Insurance Company grew its stake in shares of iShares MSCI India ETF (BATS:INDA) by 29.8% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 966,971 shares of the company’s stock after purchasing an additional 222,136 shares during the period. The Manufacturers Life Insurance Company’s holdings in iShares MSCI India ETF were worth $56,597,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Angeles Wealth Management LLC purchased a new position in shares of iShares MSCI India ETF in the 2nd quarter worth approximately $25,000. Founders Capital Management purchased a new position in shares of iShares MSCI India ETF in the 2nd quarter worth approximately $28,000. Abound Wealth Management purchased a new position in shares of iShares MSCI India ETF in the 2nd quarter worth approximately $28,000. Highline Wealth Partners LLC purchased a new position in shares of iShares MSCI India ETF in the 3rd quarter worth approximately $29,000. Finally, Park Place Capital Corp purchased a new position in shares of iShares MSCI India ETF in the 2nd quarter worth approximately $36,000.

iShares MSCI India ETF Stock Up 0.3 %

Shares of BATS INDA opened at $54.89 on Friday. iShares MSCI India ETF has a twelve month low of $30.57 and a twelve month high of $38.21. The stock’s 50 day moving average price is $55.94 and its 200-day moving average price is $55.76. The company has a market capitalization of $10.14 billion, a PE ratio of 28.95 and a beta of 0.51.

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.