Cullen Capital Management LLC Decreases Stake in iShares MSCI India ETF $INDA

Cullen Capital Management LLC lessened its holdings in shares of iShares MSCI India ETF (BATS:INDA) by 32.0% during the 3rd quarter, HoldingsChannel reports. The firm owned 38,665 shares of the company’s stock after selling 18,210 shares during the period. Cullen Capital Management LLC’s holdings in iShares MSCI India ETF were worth $2,013,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of INDA. State of New Jersey Common Pension Fund D boosted its position in iShares MSCI India ETF by 2,067.3% during the second quarter. State of New Jersey Common Pension Fund D now owns 6,929,746 shares of the company’s stock worth $385,848,000 after acquiring an additional 6,610,000 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in iShares MSCI India ETF by 97.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 7,518,409 shares of the company’s stock worth $418,625,000 after purchasing an additional 3,702,760 shares in the last quarter. Vontobel Holding Ltd. boosted its holdings in shares of iShares MSCI India ETF by 2,347.1% during the 2nd quarter. Vontobel Holding Ltd. now owns 2,771,778 shares of the company’s stock worth $154,166,000 after purchasing an additional 2,658,509 shares during the last quarter. Man Group plc grew its position in shares of 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 in the last quarter. Finally, IFM Investors Pty Ltd acquired a new stake in shares of iShares MSCI India ETF in the third quarter valued at approximately $93,034,000.

iShares MSCI India ETF Stock Performance

Shares of iShares MSCI India ETF stock opened at $53.35 on Thursday. The business’s 50 day moving average price is $53.28 and its 200 day moving average price is $53.38. The company has a market cap of $9.26 billion, a price-to-earnings 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 $59.49.

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.