iShares India 50 ETF (NASDAQ:INDY) Shares Up 0% – What’s Next?

iShares India 50 ETF (NASDAQ:INDY) traded up 0% during mid-day trading on Tuesday . The stock traded as high as $53.38 and last traded at $53.35. 39,761 shares were traded during mid-day trading, a decline of 68% from the average session volume of 125,461 shares. The stock had previously closed at $53.33.

iShares India 50 ETF Stock Up 0.0%

The firm has a fifty day simple moving average of $52.63 and a 200-day simple moving average of $52.76. The company has a market cap of $690.88 million, a PE ratio of 23.21 and a beta of 0.45.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Cerity Partners LLC acquired a new stake in shares of iShares India 50 ETF in the first quarter valued at approximately $257,000. KFA Private Wealth Group LLC raised its stake in shares of iShares India 50 ETF by 106.6% during the first quarter. KFA Private Wealth Group LLC now owns 8,825 shares of the company’s stock worth $448,000 after purchasing an additional 4,554 shares during the last quarter. National Bank of Canada FI acquired a new stake in shares of iShares India 50 ETF during the first quarter worth $212,000. SouthState Corp purchased a new position in iShares India 50 ETF in the 1st quarter valued at $60,000. Finally, Cypress Capital Group increased its stake in iShares India 50 ETF by 2.8% in the 1st quarter. Cypress Capital Group now owns 129,235 shares of the company’s stock valued at $6,561,000 after buying an additional 3,500 shares during the period.

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.