Mirae Asset Global Investments Co. Ltd. Has $15.79 Million Stake in iShares MSCI India ETF (BATS:INDA)

Mirae Asset Global Investments Co. Ltd. lowered its stake in shares of iShares MSCI India ETF (BATS:INDA) by 26.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 300,026 shares of the company’s stock after selling 106,800 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in iShares MSCI India ETF were worth $15,793,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in INDA. Highline Wealth Partners LLC bought a new stake in shares of iShares MSCI India ETF during the 3rd quarter valued at $29,000. Activest Wealth Management acquired a new position in iShares MSCI India ETF in the third quarter valued at about $40,000. American Capital Advisory LLC bought a new stake in iShares MSCI India ETF during the third quarter worth about $41,000. GAMMA Investing LLC acquired a new stake in iShares MSCI India ETF during the fourth quarter worth about $39,000. Finally, Gordian Capital Singapore Pte Ltd acquired a new stake in iShares MSCI India ETF during the third quarter worth about $47,000.

iShares MSCI India ETF Trading Up 0.7 %

Shares of BATS:INDA opened at $51.28 on Thursday. The firm has a 50 day moving average of $52.92 and a 200-day moving average of $55.11. iShares MSCI India ETF has a 12 month low of $30.57 and a 12 month high of $38.21. The stock has a market capitalization of $9.47 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.