Private Advisory Group LLC acquired a new stake in iShares India 50 ETF (NASDAQ:INDY – Free Report) in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 201,065 shares of the company’s stock, valued at approximately $8,234,000. Private Advisory Group LLC owned approximately 1.55% of iShares India 50 ETF as of its most recent filing with the SEC.
Several other institutional investors and hedge funds also recently made changes to their positions in the business. Carret Asset Management LLC boosted its position in iShares India 50 ETF by 14.6% during the third quarter. Carret Asset Management LLC now owns 18,404 shares of the company’s stock valued at $754,000 after buying an additional 2,339 shares during the period. Brighton Jones LLC bought a new position in shares of iShares India 50 ETF during the third quarter valued at about $358,000. StoneX Group Inc. purchased a new position in shares of iShares India 50 ETF in the third quarter worth about $232,000. Commonwealth Equity Services LLC purchased a new position in shares of iShares India 50 ETF in the third quarter worth about $911,000. Finally, Signaturefd LLC purchased a new position in shares of iShares India 50 ETF in the third quarter worth about $185,000.
iShares India 50 ETF Trading Down 0.2%
NASDAQ INDY opened at $45.96 on Friday. iShares India 50 ETF has a 1-year low of $39.90 and a 1-year high of $54.13. The stock has a 50-day moving average of $42.37 and a 200-day moving average of $43.62. The firm has a market cap of $597.48 million, a PE ratio of 19.68 and a beta of 0.43.
About iShares India 50 ETF
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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index. Due to the use of representative sampling, the Fund may or may not hold all of the securities that are included in the Index.
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