Comerica Bank Boosts Stake in iShares MSCI India ETF (BATS:INDA)

Comerica Bank raised its stake in iShares MSCI India ETF (BATS:INDA) by 28.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 717,431 shares of the company’s stock after buying an additional 157,564 shares during the period. Comerica Bank’s holdings in iShares MSCI India ETF were worth $37,766,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. HM Payson & Co. purchased a new position in iShares MSCI India ETF in the fourth quarter valued at about $26,000. Kestra Investment Management LLC purchased a new stake in shares of iShares MSCI India ETF during the fourth quarter worth about $26,000. Creative Capital Management Investments LLC acquired a new position in shares of iShares MSCI India ETF during the fourth quarter valued at about $30,000. GAMMA Investing LLC purchased a new position in shares of iShares MSCI India ETF in the 4th quarter valued at approximately $39,000. Finally, Finley Financial LLC acquired a new stake in iShares MSCI India ETF in the 4th quarter worth approximately $41,000.

iShares MSCI India ETF Trading Up 4.7 %

BATS:INDA opened at $53.34 on Thursday. The company’s 50 day moving average is $50.60 and its two-hundred day moving average is $52.33. The company has a market cap of $9.04 billion, a PE ratio of 21.92 and a beta of 0.54. iShares MSCI India ETF has a twelve month low of $47.60 and a twelve month 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.