Prudential Financial Inc. Grows Stock Holdings in iShares MSCI India ETF (BATS:INDA)

Prudential Financial Inc. grew its stake in iShares MSCI India ETF (BATS:INDA) by 1.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 507,522 shares of the company’s stock after purchasing an additional 5,850 shares during the period. Prudential Financial Inc. owned approximately 0.27% of iShares MSCI India ETF worth $26,909,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Bank of New York Mellon Corp grew its holdings in iShares MSCI India ETF by 2.8% in the 4th quarter. Bank of New York Mellon Corp now owns 8,257,248 shares of the company’s stock valued at $434,662,000 after buying an additional 228,036 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in shares of iShares MSCI India ETF in the third quarter valued at about $175,931,000. BNP Paribas Financial Markets increased its position in iShares MSCI India ETF by 59.8% during the third quarter. BNP Paribas Financial Markets now owns 2,459,410 shares of the company’s stock worth $143,949,000 after purchasing an additional 920,819 shares during the last quarter. Millburn Ridgefield Corp raised its stake in iShares MSCI India ETF by 9.7% during the fourth quarter. Millburn Ridgefield Corp now owns 2,227,206 shares of the company’s stock worth $117,240,000 after purchasing an additional 196,903 shares during the period. Finally, Raymond James Financial Inc. acquired a new position in iShares MSCI India ETF in the 4th quarter valued at about $95,602,000.

iShares MSCI India ETF Price Performance

Shares of BATS INDA opened at $51.42 on Thursday. The company has a market capitalization of $8.76 billion, a P/E ratio of 22.55 and a beta of 0.75. The company has a 50 day simple moving average of $50.01 and a 200-day simple moving average of $53.44. iShares MSCI India ETF has a 1 year low of $47.60 and a 1 year high of $59.49.

iShares MSCI India ETF 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.