Legal & General Group Plc Trims Stock Holdings in iShares MSCI India ETF $INDA

Legal & General Group Plc reduced its stake in iShares MSCI India ETF (BATS:INDA) by 7.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,756,739 shares of the company’s stock after selling 208,727 shares during the quarter. Legal & General Group Plc owned about 1.59% of iShares MSCI India ETF worth $149,043,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. William Blair Investment Management LLC lifted its position in shares of iShares MSCI India ETF by 12.0% in the fourth quarter. William Blair Investment Management LLC now owns 41,900 shares of the company’s stock valued at $2,265,000 after acquiring an additional 4,500 shares in the last quarter. Jefferies Financial Group Inc. lifted its position in shares of iShares MSCI India ETF by 32.2% in the fourth quarter. Jefferies Financial Group Inc. now owns 26,316 shares of the company’s stock valued at $1,422,000 after acquiring an additional 6,411 shares in the last quarter. Global Retirement Partners LLC lifted its position in shares of iShares MSCI India ETF by 65.6% in the fourth quarter. Global Retirement Partners LLC now owns 7,447 shares of the company’s stock valued at $403,000 after acquiring an additional 2,951 shares in the last quarter. Private Wealth Advisors LLC lifted its position in shares of iShares MSCI India ETF by 14.8% in the fourth quarter. Private Wealth Advisors LLC now owns 85,655 shares of the company’s stock valued at $4,630,000 after acquiring an additional 11,045 shares in the last quarter. Finally, Banque Cantonale Vaudoise lifted its position in shares of iShares MSCI India ETF by 5.5% in the fourth quarter. Banque Cantonale Vaudoise now owns 45,551 shares of the company’s stock valued at $2,465,000 after acquiring an additional 2,384 shares in the last quarter.

iShares MSCI India ETF Stock Up 0.3%

Shares of BATS:INDA opened at $48.69 on Friday. iShares MSCI India ETF has a 52-week low of $45.21 and a 52-week high of $56.01. The stock’s fifty day simple moving average is $48.40 and its 200-day simple moving average is $51.32. The company has a market capitalization of $8.46 billion, a P/E ratio of 25.20 and a beta of 0.48.

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.