Commonwealth Equity Services LLC Boosts Stock Position in iShares India 50 ETF (NASDAQ:INDY)

Commonwealth Equity Services LLC lifted its position in iShares India 50 ETF (NASDAQ:INDY) by 9.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 24,223 shares of the company’s stock after purchasing an additional 2,073 shares during the quarter. Commonwealth Equity Services LLC owned about 0.14% of iShares India 50 ETF worth $1,231,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of the company. JPMorgan Chase & Co. increased its holdings in 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 buying an additional 530 shares during the period. BOCHK Asset Management Ltd purchased a new stake in shares of iShares India 50 ETF in the 4th quarter valued at $102,000. Jones Financial Companies Lllp increased its stake in shares of iShares India 50 ETF by 77.1% in the fourth quarter. Jones Financial Companies Lllp now owns 3,557 shares of the company’s stock worth $181,000 after acquiring an additional 1,548 shares during the period. HighTower Advisors LLC acquired a new stake in shares of iShares India 50 ETF in the third quarter worth $229,000. Finally, KFA Private Wealth Group LLC purchased a new position in shares of iShares India 50 ETF during the fourth quarter worth $217,000.

iShares India 50 ETF Price Performance

NASDAQ INDY opened at $50.65 on Monday. The company has a fifty day moving average of $49.21 and a 200 day moving average of $51.79. The company has a market capitalization of $888.91 million, a PE ratio of 21.11 and a beta of 0.70. iShares India 50 ETF has a 1 year low of $46.93 and a 1 year high of $57.30.

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.