iShares MSCI India ETF (BATS:INDA) Sets New 52-Week High at $56.56

iShares MSCI India ETF (BATS:INDA)’s stock price hit a new 52-week high on Monday . The stock traded as high as $56.56 and last traded at $56.49, with a volume of 1588394 shares changing hands. The stock had previously closed at $56.37.

iShares MSCI India ETF Stock Performance

The firm has a 50 day moving average of $56.03 and a two-hundred day moving average of $53.35. The stock has a market cap of $10.52 billion, a P/E ratio of 28.95 and a beta of 0.51.

Hedge Funds Weigh In On iShares MSCI India ETF

A number of hedge funds have recently modified their holdings of INDA. Jane Street Group LLC raised its holdings in shares of iShares MSCI India ETF by 1,073.3% in the 1st quarter. Jane Street Group LLC now owns 16,108,870 shares of the company’s stock worth $831,057,000 after buying an additional 14,735,874 shares in the last quarter. Granite Bay Wealth Management LLC raised its holdings in shares of 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 worth $498,917,000 after buying an additional 9,310,161 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in shares of 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 worth $431,684,000 after buying an additional 6,165,524 shares in the last quarter. OLD Mission Capital LLC bought a new stake in iShares MSCI India ETF during the 4th quarter worth approximately $187,403,000. Finally, Varma Mutual Pension Insurance Co grew its position in 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 during the last quarter.

iShares MSCI India ETF Company 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.