Summit Financial LLC purchased a new stake in shares of iShares India 50 ETF (NASDAQ:INDY – Free Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 126,467 shares of the company’s stock, valued at approximately $6,421,000.
Other hedge funds have also modified their holdings of the company. SouthState Corp purchased a new stake in shares of iShares India 50 ETF during the first quarter valued at about $60,000. National Bank of Canada FI purchased a new stake in shares of iShares India 50 ETF during the first quarter valued at about $212,000. Cerity Partners LLC purchased a new stake in shares of iShares India 50 ETF during the first quarter valued at about $257,000. Carret Asset Management LLC lifted its position in shares of iShares India 50 ETF by 22.3% during the first quarter. Carret Asset Management LLC now owns 7,071 shares of the company’s stock valued at $359,000 after buying an additional 1,288 shares during the last quarter. Finally, Clarity Capital Partners LLC lifted its position in shares of iShares India 50 ETF by 18.3% during the first quarter. Clarity Capital Partners LLC now owns 7,256 shares of the company’s stock valued at $368,000 after buying an additional 1,124 shares during the last quarter.
iShares India 50 ETF Stock Performance
INDY stock opened at $52.54 on Friday. The firm has a market cap of $696.16 million, a price-to-earnings ratio of 23.21 and a beta of 0.70. The firm has a 50-day simple moving average of $52.93 and a two-hundred day simple moving average of $51.62. iShares India 50 ETF has a one year low of $46.93 and a one year high of $57.30.
iShares India 50 ETF Profile
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.
Featured Stories
- Five stocks we like better than iShares India 50 ETF
- How to Read Stock Charts for Beginners
- 3 Robotics Stocks at the Heart of the Robotics Revolution
- Breakout Stocks: What They Are and How to Identify Them
- Tilray’s High Hopes: The Catalyst Driving Cannabis Stocks
- About the Markup Calculator
- Amazon Stock Sets Up for Breakout After Bullish Crossover
Want to see what other hedge funds are holding INDY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares India 50 ETF (NASDAQ:INDY – Free Report).
Receive News & Ratings for iShares India 50 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares India 50 ETF and related companies with MarketBeat.com's FREE daily email newsletter.
