Fifth Third Bancorp Purchases 647,354 Shares of iShares MSCI India ETF $INDA

Fifth Third Bancorp lifted its position in shares of iShares MSCI India ETF (BATS:INDA) by 1,541,319.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 647,396 shares of the company’s stock after acquiring an additional 647,354 shares during the quarter. Fifth Third Bancorp’s holdings in iShares MSCI India ETF were worth $30,324,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Alliancebernstein L.P. acquired a new position in iShares MSCI India ETF in the 3rd quarter worth about $120,217,000. The Manufacturers Life Insurance Company acquired a new stake in shares of iShares MSCI India ETF during the fourth quarter valued at about $102,238,000. Man Group plc grew its holdings in shares of iShares MSCI India ETF by 96.0% during the second quarter. Man Group plc now owns 3,755,500 shares of the company’s stock worth $209,106,000 after purchasing an additional 1,839,360 shares during the last quarter. USS Investment Management Ltd bought a new stake in shares of iShares MSCI India ETF during the fourth quarter worth about $70,848,000. Finally, Northwestern Mutual Wealth Management Co. grew its holdings in shares of iShares MSCI India ETF by 643.5% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,064,351 shares of the company’s stock worth $55,342,000 after purchasing an additional 921,201 shares during the last quarter.

iShares MSCI India ETF Price Performance

iShares MSCI India ETF stock opened at $48.79 on Tuesday. The business has a 50 day moving average of $48.69 and a 200-day moving average of $50.15. The company has a market capitalization of $8.47 billion, a P/E ratio of 25.20 and a beta of 0.48. iShares MSCI India ETF has a 1 year low of $45.21 and a 1 year high of $55.50.

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.