iShares India 50 ETF (NASDAQ:INDY) Reaches New 52-Week High at $53.09

iShares India 50 ETF (NASDAQ:INDYGet Free Report) shares hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $53.09 and last traded at $53.09, with a volume of 6114 shares traded. The stock had previously closed at $52.78.

iShares India 50 ETF Trading Up 0.5 %

The firm has a market capitalization of $912.80 million, a price-to-earnings ratio of 25.20 and a beta of 0.70. The stock has a fifty day moving average price of $51.11 and a 200-day moving average price of $50.23.

iShares India 50 ETF Dividend Announcement

The business also recently disclosed a Semi-Annual dividend, which was paid on Monday, June 17th. Shareholders of record on Tuesday, June 11th were paid a dividend of $0.0418 per share. The ex-dividend date was Tuesday, June 11th.

Institutional Investors Weigh In On iShares India 50 ETF

Hedge funds have recently made changes to their positions in the company. Banque Cantonale Vaudoise acquired a new stake in iShares India 50 ETF during the 1st quarter valued at $35,000. Spire Wealth Management raised its holdings in shares of iShares India 50 ETF by 88.2% in the fourth quarter. Spire Wealth Management now owns 1,600 shares of the company’s stock valued at $79,000 after buying an additional 750 shares during the last quarter. Simplex Trading LLC lifted its position in iShares India 50 ETF by 683.2% during the 4th quarter. Simplex Trading LLC now owns 2,240 shares of the company’s stock worth $110,000 after buying an additional 1,954 shares in the last quarter. Toronto Dominion Bank bought a new stake in iShares India 50 ETF during the 3rd quarter worth about $167,000. Finally, SVB Wealth LLC acquired a new stake in iShares India 50 ETF in the 1st quarter valued at about $204,000.

About iShares India 50 ETF

(Get Free Report)

iShares India 50 ETF, formerly iShares S&P India Nifty 50 Index Fund, seeks investment results that correspond generally to the price and yield performance of the S&P CNX Nifty Index (the Index). The Index measures the equity performance of the top 50 companies by market capitalization that trade in the Indian market.

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