Optimum Investment Advisors Raises Stock Position in iShares India 50 ETF (NASDAQ:INDY)

Optimum Investment Advisors grew its holdings in iShares India 50 ETF (NASDAQ:INDY) by 253.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 3,535 shares of the company’s stock after purchasing an additional 2,535 shares during the quarter. Optimum Investment Advisors’ holdings in iShares India 50 ETF were worth $180,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the business. JPMorgan Chase & Co. lifted its holdings in iShares India 50 ETF by 190.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 808 shares of the company’s stock worth $46,000 after buying an additional 530 shares in the last quarter. BOCHK Asset Management Ltd purchased a new stake in shares of iShares India 50 ETF during the fourth quarter worth $102,000. Jones Financial Companies Lllp raised 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 valued at $181,000 after acquiring an additional 1,548 shares in the last quarter. KFA Private Wealth Group LLC purchased a new position in iShares India 50 ETF in the fourth quarter valued at $217,000. Finally, HighTower Advisors LLC purchased a new stake in iShares India 50 ETF during the 3rd quarter worth about $229,000.

iShares India 50 ETF Stock Performance

Shares of INDY opened at $50.44 on Friday. iShares India 50 ETF has a 1 year low of $46.93 and a 1 year high of $57.30. The stock has a market capitalization of $885.22 million, a PE ratio of 21.11 and a beta of 0.70. The stock has a 50-day simple moving average of $49.08 and a 200-day simple moving average of $51.93.

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.