Bank of Montreal Can Trims Holdings in iShares MSCI India ETF (BATS:INDA)

Bank of Montreal Can reduced its stake in iShares MSCI India ETF (BATS:INDA) by 61.9% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 80,907 shares of the company’s stock after selling 131,577 shares during the quarter. Bank of Montreal Can’s holdings in iShares MSCI India ETF were worth $4,784,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Atria Investments Inc grew its holdings in shares of iShares MSCI India ETF by 17.2% in the first quarter. Atria Investments Inc now owns 25,841 shares of the company’s stock valued at $1,333,000 after purchasing an additional 3,799 shares during the period. Cetera Investment Advisers acquired a new stake in shares of iShares MSCI India ETF during the 1st quarter worth approximately $2,037,000. Cetera Advisors LLC acquired a new stake in shares of iShares MSCI India ETF during the 1st quarter worth approximately $594,000. Massmutual Trust Co. FSB ADV purchased a new stake in shares of iShares MSCI India ETF during the 2nd quarter valued at approximately $115,000. Finally, Mather Group LLC. lifted its holdings in iShares MSCI India ETF by 24.1% in the second quarter. Mather Group LLC. now owns 6,944 shares of the company’s stock valued at $358,000 after acquiring an additional 1,350 shares during the last quarter.

iShares MSCI India ETF Stock Up 0.4 %

INDA stock opened at $55.08 on Wednesday. iShares MSCI India ETF has a 52-week low of $30.57 and a 52-week high of $38.21. The stock has a market cap of $10.18 billion, a price-to-earnings ratio of 28.95 and a beta of 0.51. The business has a fifty day moving average of $55.71 and a two-hundred day moving average of $55.84.

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.