Cetera Investment Advisers Trims Stock Position in iShares India 50 ETF (NASDAQ:INDY)

Cetera Investment Advisers lessened its stake in shares of iShares India 50 ETF (NASDAQ:INDY) by 2.5% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 10,559 shares of the company’s stock after selling 266 shares during the quarter. Cetera Investment Advisers owned about 0.08% of iShares India 50 ETF worth $536,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the stock. Cerity Partners LLC purchased a new stake in shares of iShares India 50 ETF during the 1st quarter worth approximately $257,000. Clarity Capital Partners LLC lifted its position in shares of iShares India 50 ETF by 18.3% during the 1st quarter. Clarity Capital Partners LLC now owns 7,256 shares of the company’s stock worth $368,000 after buying an additional 1,124 shares during the last quarter. Oppenheimer & Co. Inc. lifted its position in shares of iShares India 50 ETF by 8.3% during the 1st quarter. Oppenheimer & Co. Inc. now owns 13,211 shares of the company’s stock worth $671,000 after buying an additional 1,011 shares during the last quarter. Carret Asset Management LLC lifted its position in shares of iShares India 50 ETF by 22.3% during the 1st quarter. Carret Asset Management LLC now owns 7,071 shares of the company’s stock worth $359,000 after buying an additional 1,288 shares during the last quarter. Finally, Bank of America Corp DE lifted its position in shares of iShares India 50 ETF by 980.6% during the 4th quarter. Bank of America Corp DE now owns 266,222 shares of the company’s stock worth $13,535,000 after buying an additional 241,586 shares during the last quarter.

iShares India 50 ETF Price Performance

INDY stock opened at $51.81 on Friday. The company has a market cap of $686.48 million, a price-to-earnings ratio of 23.21 and a beta of 0.70. iShares India 50 ETF has a 12 month low of $46.93 and a 12 month high of $57.30. The company has a fifty day moving average price of $53.03 and a 200 day moving average price of $51.56.

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.