Creative Planning Buys 1,929 Shares of iShares India 50 ETF (NASDAQ:INDY)

Creative Planning lifted its stake in shares of iShares India 50 ETF (NASDAQ:INDY) by 8.5% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 24,732 shares of the company’s stock after acquiring an additional 1,929 shares during the quarter. Creative Planning owned approximately 0.14% of iShares India 50 ETF worth $1,392,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Park Place Capital Corp purchased a new position in iShares India 50 ETF during the 2nd quarter worth $34,000. SVB Wealth LLC purchased a new position in shares of iShares India 50 ETF during the first quarter valued at $204,000. Waypoint Capital Advisors LLC bought a new stake in shares of iShares India 50 ETF in the second quarter valued at about $227,000. Owen LaRue LLC purchased a new stake in iShares India 50 ETF in the first quarter worth about $303,000. Finally, Marshall Wace LLP bought a new position in iShares India 50 ETF during the 2nd quarter worth about $317,000.

iShares India 50 ETF Stock Performance

NASDAQ:INDY opened at $53.36 on Thursday. The firm has a 50-day simple moving average of $55.01 and a 200-day simple moving average of $53.33. iShares India 50 ETF has a one year low of $43.70 and a one year high of $57.30. The firm has a market cap of $955.14 million, a P/E ratio of 25.20 and a beta of 0.70.

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.