Nipun Capital L.P. Makes New $67.35 Million Investment in iShares MSCI India ETF (BATS:INDA)

Nipun Capital L.P. purchased a new stake in iShares MSCI India ETF (BATS:INDA) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 1,379,845 shares of the company’s stock, valued at approximately $67,350,000. iShares MSCI India ETF accounts for 64.8% of Nipun Capital L.P.’s investment portfolio, making the stock its biggest position. Nipun Capital L.P. owned about 1.02% of iShares MSCI India ETF at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Dimension Capital Management LLC boosted its stake in iShares MSCI India ETF by 2.1% during the 3rd quarter. Dimension Capital Management LLC now owns 11,359 shares of the company’s stock worth $502,000 after acquiring an additional 233 shares during the last quarter. Key Financial Inc boosted its position in shares of iShares MSCI India ETF by 30.7% during the fourth quarter. Key Financial Inc now owns 1,278 shares of the company’s stock worth $62,000 after purchasing an additional 300 shares in the last quarter. Raymond James Financial Services Advisors Inc. grew its holdings in shares of iShares MSCI India ETF by 1.7% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 32,894 shares of the company’s stock valued at $1,455,000 after buying an additional 535 shares during the period. Headlands Technologies LLC increased its position in shares of iShares MSCI India ETF by 83.9% in the 3rd quarter. Headlands Technologies LLC now owns 1,179 shares of the company’s stock valued at $52,000 after buying an additional 538 shares in the last quarter. Finally, Harel Insurance Investments & Financial Services Ltd. raised its stake in iShares MSCI India ETF by 10.4% during the 3rd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 5,855 shares of the company’s stock worth $259,000 after buying an additional 550 shares during the period.

iShares MSCI India ETF Stock Performance

INDA stock traded up $0.30 during midday trading on Thursday, hitting $52.31. 5,915,386 shares of the company’s stock were exchanged. iShares MSCI India ETF has a one year low of $30.57 and a one year high of $38.21. The company has a market cap of $9.54 billion, a PE ratio of 28.58 and a beta of 0.51. The stock’s fifty day moving average price is $51.43 and its 200-day moving average price is $48.59.

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.