Finley Financial LLC Makes New $348,000 Investment in iShares India 50 ETF (NASDAQ:INDY)

Finley Financial LLC purchased a new position in iShares India 50 ETF (NASDAQ:INDY) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 6,960 shares of the company’s stock, valued at approximately $348,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. JPMorgan Chase & Co. grew its stake 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 in the last quarter. Optimum Investment Advisors purchased a new position in iShares India 50 ETF in the 3rd quarter worth approximately $56,000. Farther Finance Advisors LLC grew its stake in iShares India 50 ETF by 421.5% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,163 shares of the company’s stock worth $65,000 after buying an additional 940 shares in the last quarter. Lake Street Private Wealth LLC purchased a new position in iShares India 50 ETF in the 3rd quarter worth approximately $204,000. Finally, Carret Asset Management LLC purchased a new position in iShares India 50 ETF in the 3rd quarter worth approximately $212,000.

iShares India 50 ETF Price Performance

INDY stock opened at $49.61 on Wednesday. The stock has a market cap of $890.50 million, a PE ratio of 25.20 and a beta of 0.70. iShares India 50 ETF has a one year low of $48.31 and a one year high of $57.30. The firm has a 50 day simple moving average of $51.76 and a two-hundred day simple moving average of $53.52.

iShares India 50 ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were issued 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.