Lido Advisors LLC Acquires 154,999 Shares of iShares MSCI India ETF $INDA

Lido Advisors LLC raised its holdings in iShares MSCI India ETF (BATS:INDA) by 103.4% in the first quarter, Holdings Channel reports. The fund owned 304,868 shares of the company’s stock after acquiring an additional 154,999 shares during the period. Lido Advisors LLC’s holdings in iShares MSCI India ETF were worth $14,280,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Alliancebernstein L.P. bought a new position in shares of iShares MSCI India ETF during the 3rd quarter valued at about $120,217,000. The Manufacturers Life Insurance Company acquired a new position in shares of iShares MSCI India ETF in the 4th quarter valued at approximately $102,238,000. Man Group plc grew its position in shares of iShares MSCI India ETF by 96.0% in the 2nd 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 period. USS Investment Management Ltd bought a new stake in iShares MSCI India ETF during the 4th quarter worth approximately $70,848,000. Finally, Northwestern Mutual Wealth Management Co. increased its stake in iShares MSCI India ETF by 643.5% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,064,351 shares of the company’s stock worth $55,342,000 after purchasing an additional 921,201 shares in the last quarter.

iShares MSCI India ETF Stock Performance

Shares of INDA stock opened at $47.63 on Friday. The company has a market capitalization of $8.27 billion, a P/E ratio of 25.20 and a beta of 0.48. The company’s 50 day moving average price is $48.64 and its two-hundred day moving average price is $49.84. 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.