Guild Investment Management Inc. Purchases 110,850 Shares of VanEck India Growth Leaders ETF $GLIN

Guild Investment Management Inc. acquired a new stake in VanEck India Growth Leaders ETF (NYSEARCA:GLIN) in the third quarter, Holdings Channel reports. The institutional investor acquired 110,850 shares of the company’s stock, valued at approximately $4,765,000. VanEck India Growth Leaders ETF makes up approximately 3.0% of Guild Investment Management Inc.’s investment portfolio, making the stock its 13th largest position. Guild Investment Management Inc. owned 0.06% of VanEck India Growth Leaders ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also modified their holdings of the company. J. Safra Sarasin Holding AG acquired a new position in shares of VanEck India Growth Leaders ETF in the first quarter worth about $264,000. Kickstand Ventures LLC. boosted its stake in shares of VanEck India Growth Leaders ETF by 6.9% during the 2nd quarter. Kickstand Ventures LLC. now owns 94,436 shares of the company’s stock worth $4,391,000 after acquiring an additional 6,103 shares in the last quarter. Royal Bank of Canada grew its position in shares of VanEck India Growth Leaders ETF by 26.6% during the 1st quarter. Royal Bank of Canada now owns 4,892 shares of the company’s stock valued at $198,000 after acquiring an additional 1,027 shares during the period. Finally, Integrated Wealth Concepts LLC acquired a new stake in shares of VanEck India Growth Leaders ETF during the 2nd quarter valued at about $37,000.

VanEck India Growth Leaders ETF Stock Up 0.7%

NYSEARCA:GLIN opened at $46.45 on Friday. VanEck India Growth Leaders ETF has a 52 week low of $38.71 and a 52 week high of $47.94. The stock’s 50-day moving average price is $44.41 and its 200-day moving average price is $44.82. The stock has a market capitalization of $89.18 million, a PE ratio of 15.62 and a beta of 0.72.

VanEck India Growth Leaders ETF Company Profile

The VanEck India Growth Leaders ETF (GLIN) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market-cap-weighted index of growth companies in India. GLIN was launched on Aug 25, 2010 and is managed by VanEck.