iShares India 50 ETF (NASDAQ:INDY) Holdings Increased by Carret Asset Management LLC

Carret Asset Management LLC grew its stake in shares of iShares India 50 ETF (NASDAQ:INDY) by 53.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,783 shares of the company’s stock after buying an additional 2,010 shares during the quarter. Carret Asset Management LLC’s holdings in iShares India 50 ETF were worth $294,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in INDY. JPMorgan Chase & Co. raised its holdings in shares of iShares India 50 ETF by 190.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 808 shares of the company’s stock worth $46,000 after purchasing an additional 530 shares in the last quarter. BOCHK Asset Management Ltd bought a new stake in shares of iShares India 50 ETF in the 4th quarter worth approximately $102,000. Jones Financial Companies Lllp raised its holdings in shares of iShares India 50 ETF by 77.1% in the 4th quarter. Jones Financial Companies Lllp now owns 3,557 shares of the company’s stock worth $181,000 after purchasing an additional 1,548 shares in the last quarter. HighTower Advisors LLC bought a new stake in shares of iShares India 50 ETF in the 3rd quarter worth approximately $229,000. Finally, KFA Private Wealth Group LLC bought a new stake in shares of iShares India 50 ETF in the 4th quarter worth approximately $217,000.

iShares India 50 ETF Price Performance

NASDAQ INDY opened at $48.27 on Friday. The company’s 50 day simple moving average is $49.18 and its 200 day simple moving average is $52.15. iShares India 50 ETF has a 12 month low of $46.93 and a 12 month high of $57.30. The company has a market capitalization of $847.14 million, a P/E ratio of 21.02 and a beta of 0.70.

iShares India 50 ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were issued a dividend of $0.0801 per share. The ex-dividend date was Tuesday, December 17th.

iShares India 50 ETF 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.