Blue Square Asset Management LLC Sells 40,834 Shares of iShares MSCI India ETF (BATS:INDA)

Blue Square Asset Management LLC trimmed its stake in iShares MSCI India ETF (BATS:INDA) by 24.5% in the fourth quarter, HoldingsChannel.com reports. The firm owned 125,877 shares of the company’s stock after selling 40,834 shares during the period. iShares MSCI India ETF accounts for about 3.3% of Blue Square Asset Management LLC’s investment portfolio, making the stock its 7th largest holding. Blue Square Asset Management LLC’s holdings in iShares MSCI India ETF were worth $6,626,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of INDA. Granite Bay Wealth Management LLC boosted its stake in shares of iShares MSCI India ETF by 7,516.9% in the 2nd quarter. Granite Bay Wealth Management LLC now owns 9,434,018 shares of the company’s stock valued at $498,917,000 after purchasing an additional 9,310,161 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in iShares MSCI India ETF in the third quarter valued at $175,931,000. Jennison Associates LLC bought a new stake in iShares MSCI India ETF during the third quarter valued at $64,771,000. BNP Paribas Financial Markets grew its holdings in iShares MSCI India ETF by 59.8% during the 3rd quarter. BNP Paribas Financial Markets now owns 2,459,410 shares of the company’s stock worth $143,949,000 after acquiring an additional 920,819 shares during the period. Finally, Susquehanna International Group Ltd. raised its position in shares of iShares MSCI India ETF by 1,625.3% in the 2nd quarter. Susquehanna International Group Ltd. now owns 690,110 shares of the company’s stock worth $38,494,000 after acquiring an additional 650,110 shares in the last quarter.

iShares MSCI India ETF Price Performance

Shares of BATS:INDA opened at $50.72 on Friday. iShares MSCI India ETF has a 1 year low of $30.57 and a 1 year high of $38.21. The business’s 50-day moving average is $53.44 and its 200-day moving average is $55.45. The company has a market capitalization of $9.37 billion, a price-to-earnings ratio of 28.95 and a beta of 0.51.

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.