iShares India 50 ETF (NASDAQ:INDY) Shares Sold by Stifel Financial Corp

Stifel Financial Corp lessened its stake in shares of iShares India 50 ETF (NASDAQ:INDY) by 6.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 6,144 shares of the company’s stock after selling 400 shares during the quarter. Stifel Financial Corp’s holdings in iShares India 50 ETF were worth $312,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Truist Financial Corp increased its holdings in iShares India 50 ETF by 9.4% in the fourth quarter. Truist Financial Corp now owns 24,651 shares of the company’s stock valued at $1,253,000 after buying an additional 2,110 shares during the last quarter. Raymond James Financial Inc. bought a new position in shares of iShares India 50 ETF in the fourth quarter valued at $2,299,000. JPMorgan Chase & Co. increased its holdings in shares of iShares India 50 ETF by 190.6% in the third quarter. JPMorgan Chase & Co. now owns 808 shares of the company’s stock valued at $46,000 after buying an additional 530 shares in the last quarter. Commonwealth Equity Services LLC lifted its holdings in shares of iShares India 50 ETF by 9.4% in the fourth quarter. Commonwealth Equity Services LLC now owns 24,223 shares of the company’s stock valued at $1,231,000 after purchasing an additional 2,073 shares in the last quarter. Finally, LPL Financial LLC increased its stake in shares of iShares India 50 ETF by 93.2% in the fourth quarter. LPL Financial LLC now owns 177,746 shares of the company’s stock worth $9,037,000 after acquiring an additional 85,760 shares during the last quarter.

iShares India 50 ETF Trading Down 0.5%

Shares of NASDAQ:INDY opened at $53.12 on Thursday. The stock has a market capitalization of $695.87 million, a PE ratio of 21.43 and a beta of 0.70. iShares India 50 ETF has a 1 year low of $46.93 and a 1 year high of $57.30. The firm has a fifty day moving average price of $50.87 and a 200 day moving average price of $50.94.

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.