Spinnaker Trust increased its position in iShares MSCI India ETF (BATS:INDA – Free Report) by 1.4% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 235,162 shares of the company’s stock after purchasing an additional 3,277 shares during the period. iShares MSCI India ETF accounts for about 0.8% of Spinnaker Trust’s investment portfolio, making the stock its 29th biggest holding. Spinnaker Trust owned about 0.13% of iShares MSCI India ETF worth $12,379,000 at the end of the most recent reporting period.
A number of other hedge funds have also bought and sold shares of the company. Blue Trust Inc. grew its stake in iShares MSCI India ETF by 4.6% in the fourth quarter. Blue Trust Inc. now owns 12,538 shares of the company’s stock worth $660,000 after purchasing an additional 552 shares in the last quarter. Vontobel Holding Ltd. lifted its holdings in iShares MSCI India ETF by 41.3% in the fourth quarter. Vontobel Holding Ltd. now owns 183,946 shares of the company’s stock worth $9,698,000 after acquiring an additional 53,749 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its holdings in iShares MSCI India ETF by 15.1% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 562,455 shares of the company’s stock worth $29,608,000 after acquiring an additional 73,705 shares during the last quarter. Avidian Wealth Enterprises LLC lifted its holdings in iShares MSCI India ETF by 4.4% in the fourth quarter. Avidian Wealth Enterprises LLC now owns 142,970 shares of the company’s stock worth $7,526,000 after acquiring an additional 6,045 shares during the last quarter. Finally, Leavell Investment Management Inc. lifted its holdings in iShares MSCI India ETF by 2.6% in the fourth quarter. Leavell Investment Management Inc. now owns 9,856 shares of the company’s stock worth $519,000 after acquiring an additional 248 shares during the last quarter.
iShares MSCI India ETF Stock Down 2.7 %
Shares of BATS INDA opened at $49.58 on Friday. The firm’s 50-day moving average price is $52.23 and its two-hundred day moving average price is $54.82. iShares MSCI India ETF has a 52-week low of $30.57 and a 52-week high of $38.21. The stock has a market capitalization of $9.16 billion, a P/E 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.
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