Owen LaRue LLC Makes New Investment in iShares India 50 ETF $INDY

Owen LaRue LLC acquired a new stake in iShares India 50 ETF (NASDAQ:INDY) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 43,238 shares of the company’s stock, valued at approximately $2,351,000. iShares India 50 ETF makes up 1.0% of Owen LaRue LLC’s portfolio, making the stock its 29th biggest position. Owen LaRue LLC owned about 0.33% of iShares India 50 ETF at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the business. Farther Finance Advisors LLC increased its stake in shares of iShares India 50 ETF by 36.2% during the 2nd quarter. Farther Finance Advisors LLC now owns 1,316 shares of the company’s stock valued at $72,000 after acquiring an additional 350 shares during the last quarter. GK Wealth Management LLC purchased a new stake in shares of iShares India 50 ETF in the second quarter worth about $238,000. Jones Financial Companies Lllp lifted its position in shares of iShares India 50 ETF by 4,657.3% during the first quarter. Jones Financial Companies Lllp now owns 169,218 shares of the company’s stock worth $8,591,000 after purchasing an additional 165,661 shares in the last quarter. Royal Bank of Canada increased its position in shares of iShares India 50 ETF by 192.1% during the first quarter. Royal Bank of Canada now owns 87,811 shares of the company’s stock worth $4,458,000 after acquiring an additional 57,749 shares during the last quarter. Finally, OLD Mission Capital LLC acquired a new position in shares of iShares India 50 ETF in the first quarter worth about $3,352,000.

iShares India 50 ETF Stock Down 0.4%

Shares of NASDAQ INDY opened at $51.28 on Friday. iShares India 50 ETF has a fifty-two week low of $46.93 and a fifty-two week high of $57.30. The business has a 50 day moving average price of $51.95 and a two-hundred day moving average price of $52.14. The firm has a market cap of $679.46 million, a PE ratio of 23.21 and a beta of 0.70.

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.