Graham Capital Management L.P. Acquires Shares of 20,000 iShares MSCI India ETF (BATS:INDA)

Graham Capital Management L.P. acquired a new stake in shares of iShares MSCI India ETF (BATS:INDA) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 20,000 shares of the company’s stock, valued at approximately $1,053,000.

A number of other hedge funds have also bought and sold shares of the company. Bank of New York Mellon Corp increased its position in iShares MSCI India ETF by 2.8% during the fourth quarter. Bank of New York Mellon Corp now owns 8,257,248 shares of the company’s stock valued at $434,662,000 after acquiring an additional 228,036 shares during the last quarter. Northern Trust Corp increased its position in iShares MSCI India ETF by 29.9% during the fourth quarter. Northern Trust Corp now owns 7,182,960 shares of the company’s stock valued at $378,111,000 after acquiring an additional 1,651,774 shares during the last quarter. JPMorgan Chase & Co. increased its position in iShares MSCI India ETF by 79.0% during the fourth quarter. JPMorgan Chase & Co. now owns 6,639,889 shares of the company’s stock valued at $349,524,000 after acquiring an additional 2,929,690 shares during the last quarter. Bank of America Corp DE increased its position in iShares MSCI India ETF by 12.7% during the fourth quarter. Bank of America Corp DE now owns 5,611,064 shares of the company’s stock valued at $295,366,000 after acquiring an additional 631,034 shares during the last quarter. Finally, Legal & General Group Plc purchased a new stake in shares of iShares MSCI India ETF during the fourth quarter valued at $267,441,000.

iShares MSCI India ETF Trading Up 5.8%

Shares of INDA opened at $53.88 on Wednesday. The firm has a market capitalization of $9.13 billion, a P/E ratio of 22.81 and a beta of 0.49. iShares MSCI India ETF has a 12-month low of $47.60 and a 12-month high of $59.49. The firm has a fifty day moving average price of $51.47 and a 200-day moving average price of $52.15.

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.