Owen LaRue LLC Sells 25,350 Shares of iShares India 50 ETF (NASDAQ:INDY)

Owen LaRue LLC reduced its stake in iShares India 50 ETF (NASDAQ:INDY) by 84.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,800 shares of the company’s stock after selling 25,350 shares during the quarter. Owen LaRue LLC’s holdings in iShares India 50 ETF were worth $244,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. JPMorgan Chase & Co. grew its position in shares of iShares India 50 ETF by 190.6% in the third quarter. JPMorgan Chase & Co. now owns 808 shares of the company’s stock valued at $46,000 after purchasing an additional 530 shares during the last quarter. BOCHK Asset Management Ltd bought a new stake in iShares India 50 ETF in the 4th quarter valued at $102,000. Optimum Investment Advisors boosted its stake in iShares India 50 ETF by 253.5% in the 4th quarter. Optimum Investment Advisors now owns 3,535 shares of the company’s stock valued at $180,000 after purchasing an additional 2,535 shares during the period. Jones Financial Companies Lllp boosted its stake in iShares India 50 ETF by 77.1% in the 4th 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 period. Finally, KFA Private Wealth Group LLC bought a new stake in iShares India 50 ETF in the 4th quarter valued at $217,000.

iShares India 50 ETF Price Performance

INDY opened at $52.56 on Tuesday. The business has a fifty day simple moving average of $49.71 and a 200 day simple moving average of $51.00. The company has a market capitalization of $667.51 million, a PE ratio of 21.43 and a beta of 0.70. iShares India 50 ETF has a 1 year low of $46.93 and a 1 year high of $57.30.

About iShares India 50 ETF

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.