iShares MSCI India ETF (BATS:INDA) Sets New 1-Year High – Here’s Why

Posted by Trevor Kearing on Oct 21st, 2024

iShares MSCI India ETF (BATS:INDA – Get Free Report) shares reached a new 52-week high during trading on Monday . The stock traded as high as $56.73 and last traded at $56.22, with a volume of 8026085 shares. The stock had previously closed at $56.56.

iShares MSCI India ETF Trading Down 0.6 %

The company’s fifty day moving average is $57.33 and its 200 day moving average is $55.29. The company has a market capitalization of $10.39 billion, a P/E ratio of 28.95 and a beta of 0.51.

Institutional Trading of iShares MSCI India ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. Angeles Wealth Management LLC purchased a new stake in shares of iShares MSCI India ETF during the 2nd quarter valued at $25,000. Founders Capital Management purchased a new stake in shares of iShares MSCI India ETF during the 2nd quarter valued at $28,000. Abound Wealth Management purchased a new position in iShares MSCI India ETF in the 2nd quarter worth $28,000. Park Place Capital Corp purchased a new position in iShares MSCI India ETF in the 2nd quarter worth $36,000. Finally, Fortitude Family Office LLC purchased a new position in iShares MSCI India ETF in the 2nd quarter worth $37,000.

iShares MSCI India ETF Company Profile

(Get Free Report)

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.