Cypress Capital Group Sells 8,902 Shares of iShares India 50 ETF (NASDAQ:INDY)

Cypress Capital Group decreased its position in iShares India 50 ETF (NASDAQ:INDY) by 6.6% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 125,735 shares of the company’s stock after selling 8,902 shares during the quarter. Cypress Capital Group owned about 0.72% of iShares India 50 ETF worth $6,392,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the company. Jones Financial Companies Lllp grew its holdings in iShares India 50 ETF by 77.1% during the fourth quarter. Jones Financial Companies Lllp now owns 3,557 shares of the company’s stock valued at $181,000 after purchasing an additional 1,548 shares during the last quarter. Pasadena Private Wealth LLC grew its holdings in iShares India 50 ETF by 3.1% during the fourth quarter. Pasadena Private Wealth LLC now owns 56,848 shares of the company’s stock valued at $2,890,000 after purchasing an additional 1,720 shares during the last quarter. Truist Financial Corp grew its holdings in iShares India 50 ETF by 9.4% during the fourth quarter. Truist Financial Corp now owns 24,651 shares of the company’s stock valued at $1,253,000 after purchasing an additional 2,110 shares during the last quarter. Apollon Wealth Management LLC grew its holdings in iShares India 50 ETF by 68.5% during the fourth quarter. Apollon Wealth Management LLC now owns 11,449 shares of the company’s stock valued at $582,000 after purchasing an additional 4,655 shares during the last quarter. Finally, Clear Creek Financial Management LLC acquired a new position in iShares India 50 ETF during the fourth quarter valued at approximately $664,000.

iShares India 50 ETF Stock Down 0.2 %

Shares of INDY stock opened at $47.15 on Wednesday. iShares India 50 ETF has a 12 month low of $46.93 and a 12 month high of $57.30. The business’s 50 day moving average is $49.70 and its two-hundred day moving average is $52.48. The company has a market cap of $810.98 million, a PE ratio of 21.02 and a beta of 0.78.

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 given a $0.0801 dividend. The ex-dividend date of this dividend was Tuesday, December 17th.

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.