Flow Traders U.S. LLC Takes Position in iShares MSCI India ETF (BATS:INDA)

Flow Traders U.S. LLC bought a new position in iShares MSCI India ETF (BATS:INDA) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 516,183 shares of the company’s stock, valued at approximately $30,212,000. iShares MSCI India ETF comprises about 1.5% of Flow Traders U.S. LLC’s investment portfolio, making the stock its 8th biggest holding. Flow Traders U.S. LLC owned 0.28% of iShares MSCI India ETF at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. Granite Bay Wealth Management LLC raised its stake in shares of iShares MSCI India ETF by 7,516.9% in the second quarter. Granite Bay Wealth Management LLC now owns 9,434,018 shares of the company’s stock worth $498,917,000 after acquiring an additional 9,310,161 shares during the last quarter. Bank of New York Mellon Corp increased its holdings in shares of iShares MSCI India ETF by 391.8% in the second 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 bought a new position in iShares MSCI India ETF in the 3rd quarter worth approximately $175,931,000. Varma Mutual Pension Insurance Co lifted its holdings 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 buying an additional 2,920,650 shares in the last quarter. Finally, MBB Public Markets I LLC boosted its position in iShares MSCI India ETF by 1,337.1% in the 2nd quarter. MBB Public Markets I LLC now owns 1,861,500 shares of the company’s stock valued at $103,834,000 after buying an additional 1,731,971 shares during the last quarter.

iShares MSCI India ETF Stock Performance

BATS INDA opened at $54.80 on Friday. The stock has a market capitalization of $10.12 billion, a P/E ratio of 28.95 and a beta of 0.51. iShares MSCI India ETF has a 52 week low of $30.57 and a 52 week high of $38.21. The stock has a fifty day moving average of $55.88 and a 200-day moving average of $55.76.

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.