Janney Montgomery Scott LLC Has $1.25 Million Holdings in iShares MSCI India ETF $INDA

Janney Montgomery Scott LLC cut its holdings in shares of iShares MSCI India ETF (BATS:INDA) by 58.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 26,577 shares of the company’s stock after selling 37,225 shares during the period. Janney Montgomery Scott LLC’s holdings in iShares MSCI India ETF were worth $1,245,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of INDA. Alliancebernstein L.P. purchased a new stake in shares of iShares MSCI India ETF during the third quarter valued at approximately $120,217,000. The Manufacturers Life Insurance Company purchased a new position in iShares MSCI India ETF in the fourth quarter valued at approximately $102,238,000. Man Group plc lifted its stake in iShares MSCI India ETF by 96.0% in the second quarter. Man Group plc now owns 3,755,500 shares of the company’s stock valued at $209,106,000 after purchasing an additional 1,839,360 shares during the last quarter. USS Investment Management Ltd bought a new position in iShares MSCI India ETF during the fourth quarter valued at $70,848,000. Finally, Northwestern Mutual Wealth Management Co. increased its position in iShares MSCI India ETF by 643.5% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,064,351 shares of the company’s stock worth $55,342,000 after buying an additional 921,201 shares during the last quarter.

iShares MSCI India ETF Price Performance

Shares of INDA traded up $0.28 during mid-day trading on Friday, hitting $49.30. The stock had a trading volume of 3,270,139 shares, compared to its average volume of 8,023,629. The firm has a market cap of $8.56 billion, a P/E ratio of 25.20 and a beta of 0.48. The business has a fifty day moving average price of $48.71 and a 200-day moving average price of $50.22. iShares MSCI India ETF has a 52 week low of $45.21 and a 52 week high of $55.50.

About iShares MSCI India ETF

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.