iShares MSCI India ETF (BATS:INDA) Hits New 12-Month High at $56.22

iShares MSCI India ETF (BATS:INDA)’s stock price reached a new 52-week high on Monday . The company traded as high as $56.22 and last traded at $56.17, with a volume of 3616809 shares trading hands. The stock had previously closed at $55.78.

iShares MSCI India ETF Price Performance

The stock has a market cap of $10.38 billion, a PE ratio of 28.95 and a beta of 0.51. The business has a 50 day moving average price of $53.43 and a two-hundred day moving average price of $51.45.

Institutional Trading of iShares MSCI India ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in INDA. Jane Street Group LLC raised its holdings in iShares MSCI India ETF by 1,073.3% in the first quarter. Jane Street Group LLC now owns 16,108,870 shares of the company’s stock worth $831,057,000 after purchasing an additional 14,735,874 shares in the last quarter. Morgan Stanley increased its stake in shares of iShares MSCI India ETF by 23.2% in the 3rd quarter. Morgan Stanley now owns 7,615,787 shares of the company’s stock worth $336,770,000 after acquiring an additional 1,433,768 shares in the last quarter. OLD Mission Capital LLC purchased a new position in iShares MSCI India ETF during the 4th quarter valued at about $187,403,000. Sun Life Financial Inc. boosted its stake in iShares MSCI India ETF by 17.2% during the fourth quarter. Sun Life Financial Inc. now owns 2,844,800 shares of the company’s stock worth $138,855,000 after acquiring an additional 418,000 shares in the last quarter. Finally, Deutsche Bank AG grew its holdings in iShares MSCI India ETF by 0.5% in the third quarter. Deutsche Bank AG now owns 2,288,215 shares of the company’s stock worth $101,185,000 after purchasing an additional 12,500 shares during the period.

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.