Cornerstone Capital Inc. Acquires 2,420 Shares of iShares MSCI India ETF (BATS:INDA)

Cornerstone Capital Inc. increased its holdings in shares of iShares MSCI India ETF (BATS:INDA) by 1.6% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 151,177 shares of the company’s stock after acquiring an additional 2,420 shares during the quarter. Cornerstone Capital Inc. owned approximately 0.08% of iShares MSCI India ETF worth $8,848,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Angeles Wealth Management LLC bought a new stake in shares of iShares MSCI India ETF in the second quarter valued at $25,000. Founders Capital Management purchased a new stake in iShares MSCI India ETF during the second quarter valued at about $28,000. Abound Wealth Management bought a new position in iShares MSCI India ETF during the second quarter worth about $28,000. Highline Wealth Partners LLC purchased a new position in shares of iShares MSCI India ETF in the third quarter worth about $29,000. Finally, Park Place Capital Corp bought a new stake in shares of iShares MSCI India ETF in the second quarter valued at approximately $36,000.

iShares MSCI India ETF Stock Performance

iShares MSCI India ETF stock traded down $0.56 during mid-day trading on Tuesday, reaching $54.30. The company’s stock had a trading volume of 3,944,441 shares. The firm’s fifty day moving average price is $57.08 and its two-hundred day moving average price is $55.56. iShares MSCI India ETF has a 12-month low of $30.57 and a 12-month high of $38.21. The company has a market capitalization of $10.03 billion, a P/E ratio of 28.95 and a beta of 0.51.

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.