Hsbc Holdings PLC Has $14.38 Million Stock Position in iShares MSCI India ETF (BATS:INDA)

Hsbc Holdings PLC lifted its position in iShares MSCI India ETF (BATS:INDA) by 81.8% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 257,794 shares of the company’s stock after buying an additional 116,004 shares during the period. Hsbc Holdings PLC owned about 0.14% of iShares MSCI India ETF worth $14,375,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the business. Jane Street Group LLC increased its holdings in shares of iShares MSCI India ETF by 1,073.3% in the first quarter. Jane Street Group LLC now owns 16,108,870 shares of the company’s stock worth $831,057,000 after acquiring an additional 14,735,874 shares in the last quarter. Granite Bay Wealth Management LLC increased its stake in iShares MSCI India ETF by 7,516.9% during the 2nd quarter. Granite Bay Wealth Management LLC now owns 9,434,018 shares of the company’s stock worth $498,917,000 after purchasing an additional 9,310,161 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in iShares MSCI India ETF by 391.8% during the 2nd quarter. Bank of New York Mellon Corp now owns 7,739,052 shares of the company’s stock worth $431,684,000 after buying an additional 6,165,524 shares during the period. OLD Mission Capital LLC acquired a new stake in iShares MSCI India ETF during the 4th quarter worth approximately $187,403,000. Finally, Varma Mutual Pension Insurance Co lifted its stake in iShares MSCI India ETF by 386.7% in the second quarter. Varma Mutual Pension Insurance Co now owns 3,675,921 shares of the company’s stock valued at $205,043,000 after buying an additional 2,920,650 shares in the last quarter.

iShares MSCI India ETF Stock Up 1.1 %

Shares of INDA stock opened at $58.74 on Monday. iShares MSCI India ETF has a 12-month low of $30.57 and a 12-month high of $38.21. The firm has a fifty day moving average of $56.78 and a 200-day moving average of $54.36. The company has a market capitalization of $10.85 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.