Royal Bank of Canada Increases Stock Position in iShares MSCI India ETF $INDA

Royal Bank of Canada boosted its holdings in iShares MSCI India ETF (BATS:INDA) by 68.0% in the 1st quarter, Holdings Channel reports. The firm owned 1,809,603 shares of the company’s stock after purchasing an additional 732,641 shares during the period. Royal Bank of Canada’s holdings in iShares MSCI India ETF were worth $84,763,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently bought and sold shares of the business. Blue Square Asset Management LLC boosted its stake in shares of iShares MSCI India ETF by 34.1% during the fourth quarter. Blue Square Asset Management LLC now owns 150,775 shares of the company’s stock worth $8,149,000 after buying an additional 38,366 shares during the period. Castellan Group purchased a new position in shares of iShares MSCI India ETF during the fourth quarter worth about $1,885,000. IFM Investors Pty Ltd increased its position in iShares MSCI India ETF by 0.6% in the 1st quarter. IFM Investors Pty Ltd now owns 1,940,759 shares of the company’s stock valued at $90,905,000 after acquiring an additional 10,700 shares during the period. NewEdge Wealth LLC acquired a new position in iShares MSCI India ETF in the 4th quarter valued at about $2,980,000. Finally, Altfest L J & Co. Inc. acquired a new position in iShares MSCI India ETF in the 4th quarter valued at about $5,697,000.

iShares MSCI India ETF Stock Up 0.2%

INDA opened at $49.80 on Friday. iShares MSCI India ETF has a 52 week low of $45.21 and a 52 week high of $55.50. The business has a 50 day moving average price of $48.78 and a two-hundred day moving average price of $49.67. The company has a market cap of $8.65 billion, a PE ratio of 25.20 and a beta of 0.48.

iShares MSCI India ETF Company 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.