Envestnet Asset Management Inc. Sells 1,773 Shares of iShares India 50 ETF (NASDAQ:INDY)

Envestnet Asset Management Inc. decreased its holdings in iShares India 50 ETF (NASDAQ:INDY) by 14.3% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 10,610 shares of the company’s stock after selling 1,773 shares during the period. Envestnet Asset Management Inc. owned 0.08% of iShares India 50 ETF worth $539,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Carret Asset Management LLC lifted its stake in iShares India 50 ETF by 22.3% in the first quarter. Carret Asset Management LLC now owns 7,071 shares of the company’s stock worth $359,000 after purchasing an additional 1,288 shares during the last quarter. Clarity Capital Partners LLC lifted its stake in iShares India 50 ETF by 18.3% in the first quarter. Clarity Capital Partners LLC now owns 7,256 shares of the company’s stock worth $368,000 after purchasing an additional 1,124 shares during the last quarter. Oppenheimer & Co. Inc. lifted its stake in iShares India 50 ETF by 8.3% in the first quarter. Oppenheimer & Co. Inc. now owns 13,211 shares of the company’s stock worth $671,000 after purchasing an additional 1,011 shares during the last quarter. Mercer Global Advisors Inc. ADV lifted its stake in iShares India 50 ETF by 91.3% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 17,139 shares of the company’s stock worth $871,000 after purchasing an additional 8,182 shares during the last quarter. Finally, MML Investors Services LLC lifted its stake in iShares India 50 ETF by 9.3% in the fourth quarter. MML Investors Services LLC now owns 33,122 shares of the company’s stock worth $1,684,000 after purchasing an additional 2,823 shares during the last quarter.

iShares India 50 ETF Price Performance

Shares of NASDAQ INDY opened at $51.43 on Wednesday. The company has a market cap of $681.45 million, a P/E ratio of 23.21 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 50-day simple moving average of $53.32 and a two-hundred day simple moving average of $51.45.

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.