iShares MSCI India ETF (BATS:INDA) Sets New 52-Week High at $52.58

iShares MSCI India ETF (BATS:INDA)’s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $52.58 and last traded at $52.54, with a volume of 3995050 shares trading hands. The stock had previously closed at $52.32.

iShares MSCI India ETF Trading Up 0.4 %

The stock has a market cap of $9.59 billion, a price-to-earnings ratio of 28.58 and a beta of 0.51. The firm’s 50-day moving average is $51.48 and its two-hundred day moving average is $48.73.

Institutional Investors Weigh In On iShares MSCI India ETF

A number of large investors have recently modified their holdings of INDA. Sheets Smith Wealth Management acquired a new stake in iShares MSCI India ETF in the 3rd quarter valued at about $26,000. Principal Securities Inc. acquired a new position in shares of iShares MSCI India ETF in the 4th quarter valued at $29,000. Tower Research Capital LLC TRC lifted its stake in iShares MSCI India ETF by 360.0% during the fourth quarter. Tower Research Capital LLC TRC now owns 621 shares of the company’s stock worth $30,000 after purchasing an additional 486 shares in the last quarter. Spire Wealth Management grew its holdings in shares of iShares MSCI India ETF by 168.8% in the fourth quarter. Spire Wealth Management now owns 637 shares of the company’s stock valued at $32,000 after purchasing an additional 400 shares in the last quarter. Finally, Bogart Wealth LLC purchased a new stake in shares of iShares MSCI India ETF during the first quarter worth $33,000.

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.