Principal Financial Group Inc. Increases Stake in iShares MSCI India ETF (BATS:INDA)

Principal Financial Group Inc. increased its holdings in iShares MSCI India ETF (BATS:INDA) by 0.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 380,012 shares of the company’s stock after purchasing an additional 2,555 shares during the quarter. Principal Financial Group Inc. owned 0.21% of iShares MSCI India ETF worth $20,004,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in INDA. Principal Securities Inc. grew its holdings in shares of iShares MSCI India ETF by 98.3% in the fourth quarter. Principal Securities Inc. now owns 932 shares of the company’s stock worth $49,000 after purchasing an additional 462 shares during the last quarter. Spinnaker Trust grew its holdings in iShares MSCI India ETF by 1.4% in the 4th quarter. Spinnaker Trust now owns 235,162 shares of the company’s stock worth $12,379,000 after acquiring an additional 3,277 shares during the last quarter. Blue Trust Inc. grew its holdings in iShares MSCI India ETF by 4.6% in the 4th quarter. Blue Trust Inc. now owns 12,538 shares of the company’s stock worth $660,000 after acquiring an additional 552 shares during the last quarter. Vontobel Holding Ltd. increased its position in shares of iShares MSCI India ETF by 41.3% in the fourth quarter. Vontobel Holding Ltd. now owns 183,946 shares of the company’s stock valued at $9,698,000 after acquiring an additional 53,749 shares during the period. Finally, Allspring Global Investments Holdings LLC raised its stake in shares of iShares MSCI India ETF by 15.1% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 562,455 shares of the company’s stock valued at $29,608,000 after acquiring an additional 73,705 shares during the last quarter.

iShares MSCI India ETF Price Performance

BATS INDA opened at $49.26 on Tuesday. iShares MSCI India ETF has a 1 year low of $30.57 and a 1 year high of $38.21. The stock has a market capitalization of $8.39 billion, a PE ratio of 23.24 and a beta of 0.75. The business’s 50-day moving average is $51.52 and its 200 day moving average is $54.54.

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.