iShares MSCI India ETF $INDA Shares Purchased by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. boosted its stake in iShares MSCI India ETF (BATS:INDA) by 643.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,064,351 shares of the company’s stock after buying an additional 921,201 shares during the period. Northwestern Mutual Wealth Management Co. owned 0.61% of iShares MSCI India ETF worth $55,342,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the stock. Phoenix Financial Ltd. increased its position in iShares MSCI India ETF by 91.2% in the fourth quarter. Phoenix Financial Ltd. now owns 1,916,772 shares of the company’s stock worth $103,602,000 after buying an additional 914,310 shares during the period. Bessemer Group Inc. increased its position in iShares MSCI India ETF by 429,690.2% in the fourth quarter. Bessemer Group Inc. now owns 881,070 shares of the company’s stock worth $47,622,000 after buying an additional 880,865 shares during the period. Pinnacle Associates Ltd. increased its position in iShares MSCI India ETF by 64.8% in the fourth quarter. Pinnacle Associates Ltd. now owns 21,165 shares of the company’s stock worth $1,144,000 after buying an additional 8,325 shares during the period. Bank Julius Baer & Co. Ltd Zurich grew its stake in shares of iShares MSCI India ETF by 5.2% in the fourth quarter. Bank Julius Baer & Co. Ltd Zurich now owns 486,511 shares of the company’s stock worth $26,320,000 after purchasing an additional 24,014 shares in the last quarter. Finally, E Fund Management Hong Kong Co. Ltd. bought a new position in shares of iShares MSCI India ETF in the fourth quarter worth $64,000.

iShares MSCI India ETF Stock Performance

BATS:INDA opened at $47.99 on Monday. iShares MSCI India ETF has a 1 year low of $45.21 and a 1 year high of $56.01. The stock has a market cap of $8.33 billion, a price-to-earnings ratio of 25.20 and a beta of 0.48. The business has a fifty day moving average of $48.58 and a 200-day moving average of $51.70.

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.