iShares MSCI India ETF (BATS:INDA) Shares Sold by Franklin Resources Inc.

Franklin Resources Inc. lowered its stake in iShares MSCI India ETF (BATS:INDA) by 5.5% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,701,857 shares of the company’s stock after selling 98,988 shares during the period. Franklin Resources Inc. owned about 0.92% of iShares MSCI India ETF worth $97,550,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of INDA. Granite Bay Wealth Management LLC raised its position in iShares MSCI India ETF by 7,516.9% in the 2nd quarter. Granite Bay Wealth Management LLC now owns 9,434,018 shares of the company’s stock valued at $498,917,000 after purchasing an additional 9,310,161 shares in the last quarter. Bank of New York Mellon Corp raised its position in iShares MSCI India ETF by 391.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 7,739,052 shares of the company’s stock valued at $431,684,000 after purchasing an additional 6,165,524 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in iShares MSCI India ETF in the 3rd quarter valued at about $175,931,000. Varma Mutual Pension Insurance Co raised its position in shares of iShares MSCI India ETF by 386.7% during the 2nd quarter. Varma Mutual Pension Insurance Co now owns 3,675,921 shares of the company’s stock worth $205,043,000 after acquiring an additional 2,920,650 shares in the last quarter. Finally, MBB Public Markets I LLC raised its position in shares of iShares MSCI India ETF by 1,337.1% during the 2nd quarter. MBB Public Markets I LLC now owns 1,861,500 shares of the company’s stock worth $103,834,000 after acquiring an additional 1,731,971 shares in the last quarter.

iShares MSCI India ETF Stock Performance

Shares of BATS INDA opened at $55.56 on Monday. iShares MSCI India ETF has a fifty-two week low of $30.57 and a fifty-two week high of $38.21. The firm has a market capitalization of $10.26 billion, a PE ratio of 28.95 and a beta of 0.51. The stock’s 50-day simple moving average is $55.19 and its 200-day simple moving average is $55.97.

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.