iShares India 50 ETF (NASDAQ:INDY) Hits New 52-Week High at $55.55

iShares India 50 ETF (NASDAQ:INDY)’s share price reached a new 52-week high during mid-day trading on Monday . The company traded as high as $55.55 and last traded at $55.55, with a volume of 273 shares traded. The stock had previously closed at $55.40.

iShares India 50 ETF Trading Down 0.2 %

The company has a market cap of $976.27 million, a price-to-earnings ratio of 25.20 and a beta of 0.70. The firm’s 50-day moving average price is $54.42 and its 200 day moving average price is $52.34.

Institutional Investors Weigh In On iShares India 50 ETF

A number of large investors have recently bought and sold shares of INDY. Park Place Capital Corp bought a new position in shares of iShares India 50 ETF during the 2nd quarter worth about $34,000. Banque Cantonale Vaudoise bought a new stake in iShares India 50 ETF in the 1st quarter valued at about $35,000. SVB Wealth LLC bought a new position in iShares India 50 ETF in the first quarter worth approximately $204,000. Waypoint Capital Advisors LLC bought a new position in iShares India 50 ETF in the second quarter worth approximately $227,000. Finally, Marshall Wace LLP bought a new stake in shares of iShares India 50 ETF during the second quarter valued at approximately $317,000.

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.