iShares India 50 ETF (NASDAQ:INDY) Shares Acquired by Gateway Advisory LLC

Gateway Advisory LLC raised its position in shares of iShares India 50 ETF (NASDAQ:INDY) by 2.0% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 130,228 shares of the company’s stock after buying an additional 2,529 shares during the quarter. iShares India 50 ETF comprises 1.2% of Gateway Advisory LLC’s portfolio, making the stock its 22nd largest position. Gateway Advisory LLC owned approximately 0.74% of iShares India 50 ETF worth $6,988,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the company. Oppenheimer & Co. Inc. acquired a new position in iShares India 50 ETF in the first quarter valued at approximately $690,000. Wells Fargo & Company MN increased its position in iShares India 50 ETF by 14.0% in the fourth quarter. Wells Fargo & Company MN now owns 149,596 shares of the company’s stock worth $7,368,000 after buying an additional 18,413 shares during the period. Commonwealth Equity Services LLC increased its position in iShares India 50 ETF by 37.1% in the first quarter. Commonwealth Equity Services LLC now owns 18,809 shares of the company’s stock worth $949,000 after buying an additional 5,086 shares during the period. Banque Cantonale Vaudoise acquired a new position in shares of iShares India 50 ETF during the first quarter valued at $35,000. Finally, SVB Wealth LLC acquired a new position in shares of iShares India 50 ETF during the first quarter valued at $204,000.

iShares India 50 ETF Stock Up 0.7 %

INDY stock opened at $56.93 on Tuesday. The firm’s 50-day simple moving average is $54.55 and its 200 day simple moving average is $52.49. The stock has a market cap of $1.00 billion, a PE ratio of 25.20 and a beta of 0.70. iShares India 50 ETF has a fifty-two week low of $43.60 and a fifty-two week high of $56.95.

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.