Itau Unibanco Holding S.A. Reduces Position in iShares MSCI India ETF (BATS:INDA)

Itau Unibanco Holding S.A. lessened its holdings in shares of iShares MSCI India ETF (BATS:INDA) by 67.9% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 25,200 shares of the company’s stock after selling 53,300 shares during the quarter. Itau Unibanco Holding S.A.’s holdings in iShares MSCI India ETF were worth $1,406,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the business. FineMark National Bank & Trust boosted its holdings in iShares MSCI India ETF by 3.6% in the 4th quarter. FineMark National Bank & Trust now owns 5,814 shares of the company’s stock worth $284,000 after buying an additional 200 shares during the period. Headlands Technologies LLC boosted its holdings in shares of iShares MSCI India ETF by 728.1% in the second quarter. Headlands Technologies LLC now owns 44,062 shares of the company’s stock worth $2,458,000 after acquiring an additional 38,741 shares during the period. Kingswood Wealth Advisors LLC purchased a new position in shares of iShares MSCI India ETF in the second quarter valued at $219,000. Brookstone Capital Management raised its stake in shares of iShares MSCI India ETF by 7.3% during the 1st quarter. Brookstone Capital Management now owns 22,749 shares of the company’s stock valued at $1,174,000 after purchasing an additional 1,556 shares during the period. Finally, Prudential PLC lifted its holdings in iShares MSCI India ETF by 7.4% during the 4th quarter. Prudential PLC now owns 2,046,764 shares of the company’s stock worth $99,903,000 after purchasing an additional 141,281 shares in the last quarter.

iShares MSCI India ETF Stock Up 1.1 %

INDA stock opened at $58.74 on Friday. The stock has a 50-day simple moving average of $56.78 and a two-hundred day simple moving average of $54.35. iShares MSCI India ETF has a twelve month low of $30.57 and a twelve month high of $38.21. The firm has a market capitalization of $10.85 billion, a PE ratio of 28.95 and a beta of 0.51.

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.