4,058 Shares in iShares India 50 ETF (NASDAQ:INDY) Purchased by HighTower Advisors LLC

HighTower Advisors LLC acquired a new position in shares of iShares India 50 ETF (NASDAQ:INDY) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 4,058 shares of the company’s stock, valued at approximately $229,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the company. Commonwealth Equity Services LLC lifted its stake in iShares India 50 ETF by 1.8% during the second quarter. Commonwealth Equity Services LLC now owns 19,147 shares of the company’s stock worth $1,027,000 after purchasing an additional 338 shares during the last quarter. Marshall Wace LLP bought a new position in iShares India 50 ETF during the second quarter worth $317,000. Gateway Advisory LLC increased its holdings in iShares India 50 ETF by 2.0% in the second quarter. Gateway Advisory LLC now owns 130,228 shares of the company’s stock worth $6,988,000 after purchasing an additional 2,529 shares in the last quarter. Creative Planning grew its holdings in iShares India 50 ETF by 8.5% in the third quarter. Creative Planning now owns 24,732 shares of the company’s stock worth $1,392,000 after purchasing an additional 1,929 shares during the period. Finally, Optimum Investment Advisors bought a new stake in shares of iShares India 50 ETF during the third quarter valued at approximately $56,000.

iShares India 50 ETF Stock Performance

Shares of INDY stock opened at $51.65 on Wednesday. iShares India 50 ETF has a 52 week low of $48.31 and a 52 week high of $57.30. The firm’s 50-day simple moving average is $52.98 and its two-hundred day simple moving average is $53.90. The firm has a market cap of $924.54 million, a price-to-earnings ratio of 25.20 and a beta of 0.70.

iShares India 50 ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were given a $0.0801 dividend. The ex-dividend date of this dividend was Tuesday, December 17th.

iShares India 50 ETF Company 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.