State of New Jersey Common Pension Fund D Trims Holdings in iShares MSCI India ETF $INDA

State of New Jersey Common Pension Fund D lowered its stake in shares of iShares MSCI India ETF (BATS:INDA) by 27.2% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 5,043,372 shares of the company’s stock after selling 1,886,374 shares during the quarter. iShares MSCI India ETF accounts for 1.0% of State of New Jersey Common Pension Fund D’s investment portfolio, making the stock its 14th largest position. State of New Jersey Common Pension Fund D’s holdings in iShares MSCI India ETF were worth $262,558,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of INDA. Shell Asset Management Co. boosted its position in shares of iShares MSCI India ETF by 6.0% during the 3rd quarter. Shell Asset Management Co. now owns 287,959 shares of the company’s stock valued at $14,991,000 after acquiring an additional 16,200 shares during the last quarter. Murphy & Mullick Capital Management Corp raised its stake in iShares MSCI India ETF by 2.8% during the third quarter. Murphy & Mullick Capital Management Corp now owns 7,220 shares of the company’s stock worth $388,000 after purchasing an additional 200 shares during the period. PACK Private Wealth LLC boosted its holdings in iShares MSCI India ETF by 7.3% in the 3rd quarter. PACK Private Wealth LLC now owns 6,687 shares of the company’s stock valued at $348,000 after purchasing an additional 454 shares during the last quarter. Ameritas Advisory Services LLC increased its holdings in shares of iShares MSCI India ETF by 2.5% during the 3rd quarter. Ameritas Advisory Services LLC now owns 16,197 shares of the company’s stock worth $843,000 after buying an additional 394 shares during the last quarter. Finally, Haven Global Partners LLC purchased a new stake in shares of iShares MSCI India ETF during the 3rd quarter valued at approximately $760,000.

iShares MSCI India ETF Stock Performance

INDA opened at $52.89 on Friday. The stock has a market capitalization of $9.18 billion, a PE ratio of 25.20 and a beta of 0.48. iShares MSCI India ETF has a one year low of $47.60 and a one year high of $56.01. The business’s 50 day moving average price is $53.17 and its 200 day moving average price is $53.34.

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.