Farther Finance Advisors LLC Purchases 350 Shares of iShares India 50 ETF $INDY

Farther Finance Advisors LLC lifted its position in iShares India 50 ETF (NASDAQ:INDY) by 36.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,316 shares of the company’s stock after purchasing an additional 350 shares during the quarter. Farther Finance Advisors LLC’s holdings in iShares India 50 ETF were worth $72,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. GK Wealth Management LLC bought a new position in shares of iShares India 50 ETF in the second quarter worth $238,000. Jones Financial Companies Lllp increased its holdings in shares of iShares India 50 ETF by 4,657.3% in 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 during the period. Royal Bank of Canada increased its holdings in shares of iShares India 50 ETF by 192.1% in the first quarter. Royal Bank of Canada now owns 87,811 shares of the company’s stock worth $4,458,000 after purchasing an additional 57,749 shares during the period. OLD Mission Capital LLC bought a new position in shares of iShares India 50 ETF in the first quarter worth $3,352,000. Finally, Summit Financial LLC bought a new position in shares of iShares India 50 ETF in the first quarter worth $6,421,000.

iShares India 50 ETF Stock Performance

iShares India 50 ETF stock opened at $51.17 on Monday. The stock has a market cap of $662.65 million, a P/E ratio of 23.21 and a beta of 0.70. iShares India 50 ETF has a fifty-two week low of $46.93 and a fifty-two week high of $55.16. The firm’s fifty day moving average price is $51.72 and its 200-day moving average price is $52.29.

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.