Principal Financial Group Inc. Sells 19,235 Shares of iShares MSCI India ETF (BATS:INDA)

Principal Financial Group Inc. reduced its holdings in shares of iShares MSCI India ETF (BATS:INDA) by 4.8% in the third quarter, Holdings Channel reports. The institutional investor owned 377,457 shares of the company’s stock after selling 19,235 shares during the period. Principal Financial Group Inc.’s holdings in iShares MSCI India ETF were worth $22,093,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Allspring Global Investments Holdings LLC boosted its stake in iShares MSCI India ETF by 1.6% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 480,250 shares of the company’s stock valued at $26,788,000 after purchasing an additional 7,500 shares during the last quarter. Strategic Blueprint LLC purchased a new position in shares of iShares MSCI India ETF during the second quarter valued at approximately $263,000. Ameritas Advisory Services LLC grew its holdings in iShares MSCI India ETF by 51.7% during the second quarter. Ameritas Advisory Services LLC now owns 7,925 shares of the company’s stock worth $442,000 after buying an additional 2,702 shares in the last quarter. Panagora Asset Management Inc. lifted its stake in iShares MSCI India ETF by 5.7% during the 2nd quarter. Panagora Asset Management Inc. now owns 338,428 shares of the company’s stock valued at $18,878,000 after acquiring an additional 18,381 shares in the last quarter. Finally, Nations Financial Group Inc. IA ADV purchased a new position in iShares MSCI India ETF during the 2nd quarter worth $236,000.

iShares MSCI India ETF Price Performance

BATS INDA opened at $53.39 on Thursday. The company has a fifty day moving average price of $54.71 and a 200-day moving average price of $55.99. iShares MSCI India ETF has a 1 year low of $30.57 and a 1 year high of $38.21. The firm has a market cap of $9.86 billion, a price-to-earnings ratio of 28.95 and a beta of 0.51.

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.