HighTower Advisors LLC Buys Shares of 4,058 iShares India 50 ETF (NASDAQ:INDY)

HighTower Advisors LLC acquired a new stake in shares of iShares India 50 ETF (NASDAQ:INDY) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 4,058 shares of the company’s stock, valued at approximately $229,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of INDY. Atom Investors LP raised its position in shares of iShares India 50 ETF by 40.9% during the 3rd quarter. Atom Investors LP now owns 16,063 shares of the company’s stock valued at $904,000 after purchasing an additional 4,665 shares during the period. D.A. Davidson & CO. boosted its position in shares of iShares India 50 ETF by 10.2% during the third quarter. D.A. Davidson & CO. now owns 4,417 shares of the company’s stock worth $249,000 after acquiring an additional 408 shares during the last quarter. Pitcairn Co. purchased a new position in iShares India 50 ETF during the third quarter valued at $658,000. Apollon Wealth Management LLC increased its holdings in iShares India 50 ETF by 17.7% in the 3rd quarter. Apollon Wealth Management LLC now owns 6,794 shares of the company’s stock valued at $382,000 after acquiring an additional 1,021 shares during the last quarter. Finally, Clarity Capital Partners LLC lifted its stake in iShares India 50 ETF by 10.4% in the 3rd quarter. Clarity Capital Partners LLC now owns 23,725 shares of the company’s stock worth $1,336,000 after purchasing an additional 2,228 shares in the last quarter.

iShares India 50 ETF Stock Performance

Shares of INDY opened at $51.65 on Wednesday. The stock has a market capitalization of $924.54 million, a PE ratio of 25.20 and a beta of 0.70. The company’s fifty day moving average is $52.98 and its 200 day moving average is $53.90. iShares India 50 ETF has a fifty-two week low of $48.31 and a fifty-two week high of $57.30.

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 paid a $0.0801 dividend. 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.