IFP Advisors Inc Decreases Position in iShares India 50 ETF (NASDAQ:INDY)

IFP Advisors Inc cut its position in iShares India 50 ETF (NASDAQ:INDY) by 2.4% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 20,076 shares of the company’s stock after selling 502 shares during the period. IFP Advisors Inc owned approximately 0.11% of iShares India 50 ETF worth $1,021,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. HighTower Advisors LLC purchased a new position in iShares India 50 ETF in the third quarter worth about $229,000. JPMorgan Chase & Co. raised its holdings in iShares India 50 ETF by 190.6% in the third quarter. JPMorgan Chase & Co. now owns 808 shares of the company’s stock worth $46,000 after buying an additional 530 shares during the last quarter. Stifel Financial Corp grew its stake in shares of iShares India 50 ETF by 3.5% in the third quarter. Stifel Financial Corp now owns 6,544 shares of the company’s stock worth $368,000 after acquiring an additional 223 shares during the period. Farther Finance Advisors LLC grew its stake in shares of iShares India 50 ETF by 421.5% in the third quarter. Farther Finance Advisors LLC now owns 1,163 shares of the company’s stock worth $65,000 after acquiring an additional 940 shares during the period. Finally, Creative Planning lifted its position in iShares India 50 ETF by 8.5% during the third quarter. Creative Planning now owns 24,732 shares of the company’s stock valued at $1,392,000 after purchasing an additional 1,929 shares during the period.

iShares India 50 ETF Stock Down 0.9 %

Shares of iShares India 50 ETF stock opened at $47.84 on Friday. The company has a market cap of $839.59 million, a price-to-earnings ratio of 25.20 and a beta of 0.70. The company’s 50 day moving average is $49.96 and its 200 day moving average is $52.62. iShares India 50 ETF has a twelve month low of $47.83 and a twelve month high of $57.30.

iShares India 50 ETF Announces Dividend

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

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.