iShares MSCI India ETF (BATS:INDA) Stock Position Reduced by Connor Clark & Lunn Investment Management Ltd.

Connor Clark & Lunn Investment Management Ltd. decreased its stake in iShares MSCI India ETF (BATS:INDA) by 95.8% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 57,091 shares of the company’s stock after selling 1,294,955 shares during the quarter. Connor Clark & Lunn Investment Management Ltd.’s holdings in iShares MSCI India ETF were worth $3,005,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of INDA. Bank of New York Mellon Corp raised its holdings in shares of iShares MSCI India ETF by 2.8% during the fourth quarter. Bank of New York Mellon Corp now owns 8,257,248 shares of the company’s stock worth $434,662,000 after acquiring an additional 228,036 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in shares of iShares MSCI India ETF during the 3rd quarter worth about $175,931,000. BNP Paribas Financial Markets lifted its holdings in shares of iShares MSCI India ETF by 59.8% during the 3rd quarter. BNP Paribas Financial Markets now owns 2,459,410 shares of the company’s stock valued at $143,949,000 after buying an additional 920,819 shares during the last quarter. Millburn Ridgefield Corp grew its stake in shares of iShares MSCI India ETF by 9.7% in the 4th quarter. Millburn Ridgefield Corp now owns 2,227,206 shares of the company’s stock valued at $117,240,000 after buying an additional 196,903 shares in the last quarter. Finally, LPL Financial LLC increased its holdings in iShares MSCI India ETF by 11.3% in the third quarter. LPL Financial LLC now owns 1,846,865 shares of the company’s stock worth $108,097,000 after buying an additional 187,940 shares during the last quarter.

iShares MSCI India ETF Stock Down 2.9 %

BATS INDA opened at $49.45 on Tuesday. The company has a 50 day moving average price of $50.10 and a two-hundred day moving average price of $53.71. iShares MSCI India ETF has a 12-month low of $47.60 and a 12-month high of $59.49. The stock has a market capitalization of $8.42 billion, a PE ratio of 22.55 and a beta of 0.75.

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.