UBS Group AG Buys 14,663 Shares of iShares India 50 ETF $INDY

UBS Group AG boosted its stake in shares of iShares India 50 ETF (NASDAQ:INDY) by 9.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 163,901 shares of the company’s stock after purchasing an additional 14,663 shares during the quarter. UBS Group AG owned about 1.25% of iShares India 50 ETF worth $8,079,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. TD Waterhouse Canada Inc. boosted its position in shares of iShares India 50 ETF by 108.7% in the fourth quarter. TD Waterhouse Canada Inc. now owns 887 shares of the company’s stock valued at $44,000 after acquiring an additional 462 shares during the period. Webster Bank N. A. boosted its position in shares of iShares India 50 ETF by 9.9% in the fourth quarter. Webster Bank N. A. now owns 3,390 shares of the company’s stock valued at $167,000 after acquiring an additional 305 shares during the period. Patriot Investment Management Group Inc. bought a new stake in shares of iShares India 50 ETF in the fourth quarter valued at about $369,000. Finley Financial LLC boosted its position in shares of iShares India 50 ETF by 32.6% in the fourth quarter. Finley Financial LLC now owns 9,230 shares of the company’s stock valued at $455,000 after acquiring an additional 2,270 shares during the period. Finally, Signaturefd LLC boosted its position in shares of iShares India 50 ETF by 8.1% in the fourth quarter. Signaturefd LLC now owns 4,511 shares of the company’s stock valued at $222,000 after acquiring an additional 338 shares during the period.

iShares India 50 ETF Stock Performance

Shares of iShares India 50 ETF stock opened at $42.31 on Tuesday. The firm has a 50-day moving average of $43.35 and a 200-day moving average of $47.61. The stock has a market cap of $569.07 million, a PE ratio of 23.21 and a beta of 0.43. iShares India 50 ETF has a 52-week low of $40.82 and a 52-week high of $54.87.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index. Due to the use of representative sampling, the Fund may or may not hold all of the securities that are included in the Index.