Elo Mutual Pension Insurance Co Invests $32.70 Million in iShares MSCI India ETF (BATS:INDA)

Elo Mutual Pension Insurance Co bought a new position in shares of iShares MSCI India ETF (BATS:INDA) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 670,000 shares of the company’s stock, valued at approximately $32,703,000. iShares MSCI India ETF comprises 0.9% of Elo Mutual Pension Insurance Co’s portfolio, making the stock its 20th biggest holding.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Sei Investments Co. lifted its stake in shares of iShares MSCI India ETF by 1,240.3% in the 4th quarter. Sei Investments Co. now owns 1,023,289 shares of the company’s stock valued at $49,947,000 after purchasing an additional 946,944 shares in the last quarter. Shell Asset Management Co. grew its stake in iShares MSCI India ETF by 0.7% during the fourth quarter. Shell Asset Management Co. now owns 230,291 shares of the company’s stock worth $11,241,000 after buying an additional 1,600 shares during the period. Waterloo Capital L.P. raised its stake in shares of iShares MSCI India ETF by 27.0% in the 4th quarter. Waterloo Capital L.P. now owns 63,558 shares of the company’s stock valued at $3,102,000 after acquiring an additional 13,510 shares during the period. Prudential PLC lifted its holdings in shares of iShares MSCI India ETF by 7.4% during the 4th quarter. Prudential PLC now owns 2,046,764 shares of the company’s stock valued at $99,903,000 after acquiring an additional 141,281 shares in the last quarter. Finally, Oaktree Fund Advisors LLC increased its holdings in iShares MSCI India ETF by 5.3% in the 4th quarter. Oaktree Fund Advisors LLC now owns 47,938 shares of the company’s stock valued at $2,340,000 after purchasing an additional 2,400 shares in the last quarter.

iShares MSCI India ETF Trading Up 1.2 %

Shares of INDA traded up $0.63 during midday trading on Friday, reaching $53.99. 5,696,705 shares of the company were exchanged. iShares MSCI India ETF has a 1-year low of $30.57 and a 1-year high of $38.21. The stock has a 50-day moving average price of $52.42 and a 200-day moving average price of $50.51. The company has a market cap of $9.97 billion, a price-to-earnings ratio of 28.95 and a beta of 0.51.

iShares MSCI India ETF Company 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.