Raymond James Financial Inc. Takes Position in iShares India 50 ETF (NASDAQ:INDY)

Raymond James Financial Inc. purchased a new stake in shares of iShares India 50 ETF (NASDAQ:INDY) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 45,229 shares of the company’s stock, valued at approximately $2,299,000. Raymond James Financial Inc. owned about 0.26% of iShares India 50 ETF as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently modified their holdings of the business. Pine Valley Investments Ltd Liability Co raised its stake in shares of iShares India 50 ETF by 4.2% during the third quarter. Pine Valley Investments Ltd Liability Co now owns 4,991 shares of the company’s stock valued at $281,000 after acquiring an additional 200 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of iShares India 50 ETF by 190.6% during the third quarter. JPMorgan Chase & Co. now owns 808 shares of the company’s stock valued at $46,000 after acquiring an additional 530 shares during the last quarter. Evoke Wealth LLC raised its stake in shares of iShares India 50 ETF by 10.7% during the fourth quarter. Evoke Wealth LLC now owns 10,365 shares of the company’s stock valued at $527,000 after acquiring an additional 1,000 shares during the last quarter. Jones Financial Companies Lllp raised its stake in shares of iShares India 50 ETF by 77.1% during the fourth quarter. Jones Financial Companies Lllp now owns 3,557 shares of the company’s stock valued at $181,000 after acquiring an additional 1,548 shares during the last quarter. Finally, Pasadena Private Wealth LLC raised its stake in shares of iShares India 50 ETF by 3.1% during the fourth quarter. Pasadena Private Wealth LLC now owns 56,848 shares of the company’s stock valued at $2,890,000 after acquiring an additional 1,720 shares during the last quarter.

iShares India 50 ETF Stock Performance

INDY stock opened at $52.83 on Wednesday. iShares India 50 ETF has a 52-week low of $46.93 and a 52-week high of $57.30. The company has a fifty day moving average price of $49.78 and a 200-day moving average price of $51.01. The company has a market capitalization of $670.94 million, a P/E ratio of 21.43 and a beta of 0.70.

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.