Nipun Capital L.P. Sells 136,600 Shares of iShares MSCI India ETF $INDA

Nipun Capital L.P. reduced its position in iShares MSCI India ETF (BATS:INDA) by 8.2% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 1,526,555 shares of the company’s stock after selling 136,600 shares during the period. iShares MSCI India ETF comprises approximately 32.4% of Nipun Capital L.P.’s holdings, making the stock its biggest holding. Nipun Capital L.P. owned 0.88% of iShares MSCI India ETF worth $71,260,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Man Group plc increased its stake in shares of iShares MSCI India ETF by 1.7% during the 4th quarter. Man Group plc now owns 4,501,107 shares of the company’s stock valued at $243,285,000 after acquiring an additional 76,197 shares during the last quarter. The Manufacturers Life Insurance Company purchased a new position in iShares MSCI India ETF during the second quarter worth approximately $190,170,000. Catalyst Capital Advisors LLC boosted its holdings in shares of iShares MSCI India ETF by 30.4% in the 1st quarter. Catalyst Capital Advisors LLC now owns 3,120,382 shares of the company’s stock valued at $146,159,000 after purchasing an additional 726,956 shares during the last quarter. Wellington Management Group LLP boosted its holdings in shares of iShares MSCI India ETF by 42.4% in the 2nd quarter. Wellington Management Group LLP now owns 2,994,278 shares of the company’s stock valued at $147,887,000 after purchasing an additional 891,464 shares during the last quarter. Finally, IFM Investors Pty Ltd boosted its holdings in shares of iShares MSCI India ETF by 0.6% in the 1st quarter. IFM Investors Pty Ltd now owns 1,940,759 shares of the company’s stock valued at $90,905,000 after purchasing an additional 10,700 shares during the last quarter.

iShares MSCI India ETF Trading Down 1.4%

BATS:INDA traded down $0.63 on Thursday, hitting $45.48. 4,084,032 shares of the stock were exchanged, compared to its average volume of 7,036,622. iShares MSCI India ETF has a fifty-two week low of $45.21 and a fifty-two week high of $55.50. The stock has a fifty day moving average of $48.86 and a 200-day moving average of $48.69. The stock has a market cap of $7.90 billion, a PE ratio of 25.20 and a beta of 0.48.

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.