JPMorgan Chase & Co. Grows Holdings in iShares India 50 ETF (NASDAQ:INDY)

Posted by Defense World Staff on Feb 5th, 2025

JPMorgan Chase & Co. raised its holdings in shares of iShares India 50 ETF (NASDAQ:INDY – Free Report) by 190.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 808 shares of the company’s stock after purchasing an additional 530 shares during the quarter. JPMorgan Chase & Co.’s holdings in iShares India 50 ETF were worth $46,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Optimum Investment Advisors bought a new position in iShares India 50 ETF in the third quarter worth approximately $56,000. Farther Finance Advisors LLC grew its stake in iShares India 50 ETF by 421.5% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,163 shares of the company’s stock valued at $65,000 after purchasing an additional 940 shares during the last quarter. Lake Street Private Wealth LLC acquired a new position in iShares India 50 ETF in the 3rd quarter worth approximately $204,000. Carret Asset Management LLC acquired a new stake in shares of iShares India 50 ETF in the third quarter worth $212,000. Finally, HighTower Advisors LLC purchased a new position in shares of iShares India 50 ETF during the 3rd quarter valued at about $229,000.

iShares India 50 ETF Trading Up 1.1 %

Shares of INDY stock opened at $50.41 on Wednesday. The stock has a 50 day moving average of $51.36 and a 200 day moving average of $53.21. iShares India 50 ETF has a twelve month low of $49.00 and a twelve month high of $57.30. The stock has a market cap of $884.70 million, a P/E ratio of 25.20 and a beta of 0.70.

iShares India 50 ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were given a $0.0801 dividend. The ex-dividend date of this dividend was Tuesday, December 17th.

About iShares India 50 ETF

(Free Report)

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.