Arrowstreet Capital Limited Partnership Sells 1,930,641 Shares of iShares MSCI India ETF (BATS:INDA)

Arrowstreet Capital Limited Partnership reduced its stake in shares of iShares MSCI India ETF (BATS:INDA) by 29.5% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 4,621,535 shares of the company’s stock after selling 1,930,641 shares during the period. Arrowstreet Capital Limited Partnership owned 2.50% of iShares MSCI India ETF worth $243,278,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. HM Payson & Co. bought a new position in shares of iShares MSCI India ETF during the fourth quarter worth about $26,000. Kestra Investment Management LLC acquired a new stake in iShares MSCI India ETF during the 4th quarter valued at approximately $26,000. Creative Capital Management Investments LLC bought a new position in iShares MSCI India ETF during the 4th quarter worth approximately $30,000. GAMMA Investing LLC acquired a new position in shares of iShares MSCI India ETF in the 4th quarter worth approximately $39,000. Finally, Gordian Capital Singapore Pte Ltd bought a new stake in shares of iShares MSCI India ETF in the 3rd quarter valued at $47,000.

iShares MSCI India ETF Stock Up 0.7 %

INDA opened at $51.30 on Friday. The stock has a market cap of $8.74 billion, a PE ratio of 22.55 and a beta of 0.75. iShares MSCI India ETF has a twelve month low of $47.60 and a twelve month high of $59.49. The company has a fifty day moving average of $50.03 and a 200-day moving average of $53.36.

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.