Carret Asset Management LLC Invests $212,000 in iShares India 50 ETF (NASDAQ:INDY)

Carret Asset Management LLC purchased a new stake in shares of iShares India 50 ETF (NASDAQ:INDY) in the 3rd quarter, HoldingsChannel reports. The institutional investor purchased 3,773 shares of the company’s stock, valued at approximately $212,000.

Several other large investors have also made changes to their positions in the company. Gateway Advisory LLC grew its position in iShares India 50 ETF by 2.0% in the second quarter. Gateway Advisory LLC now owns 130,228 shares of the company’s stock worth $6,988,000 after acquiring an additional 2,529 shares in the last quarter. Flow Traders U.S. LLC boosted its holdings in iShares India 50 ETF by 605.1% in the first quarter. Flow Traders U.S. LLC now owns 104,878 shares of the company’s stock worth $5,290,000 after purchasing an additional 90,004 shares in the last quarter. Pasadena Private Wealth LLC boosted its holdings in iShares India 50 ETF by 1.3% in the second quarter. Pasadena Private Wealth LLC now owns 56,272 shares of the company’s stock worth $3,020,000 after purchasing an additional 731 shares in the last quarter. Creative Planning increased its position in iShares India 50 ETF by 8.5% during the third quarter. Creative Planning now owns 24,732 shares of the company’s stock worth $1,392,000 after buying an additional 1,929 shares during the last quarter. Finally, Fortis Group Advisors LLC bought a new position in iShares India 50 ETF during the first quarter valued at about $989,000.

iShares India 50 ETF Price Performance

Shares of NASDAQ:INDY opened at $53.07 on Monday. The stock has a market capitalization of $949.95 million, a P/E ratio of 25.20 and a beta of 0.70. The business has a 50-day moving average of $55.06 and a two-hundred day moving average of $53.29. iShares India 50 ETF has a fifty-two week low of $43.60 and a fifty-two week high of $57.30.

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.