Prudential Financial Inc. purchased a new stake in shares of iShares India 50 ETF (NASDAQ:INDY – Get Rating) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 4,800 shares of the company's stock, valued at approximately $203,000.
A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. Cypress Capital Group grew its holdings in shares of iShares India 50 ETF by 1.1% during the 3rd quarter. Cypress Capital Group now owns 25,764 shares of the company's stock worth $1,087,000 after acquiring an additional 286 shares during the period. First Republic Investment Management Inc. grew its holdings in shares of iShares India 50 ETF by 19.3% during the 3rd quarter. First Republic Investment Management Inc. now owns 11,643 shares of the company's stock worth $491,000 after acquiring an additional 1,880 shares during the period. SeaTown Holdings Pte. Ltd. grew its holdings in shares of iShares India 50 ETF by 239.0% during the 3rd quarter. SeaTown Holdings Pte. Ltd. now owns 27,800 shares of the company's stock worth $1,173,000 after acquiring an additional 19,600 shares during the period. Migdal Insurance & Financial Holdings Ltd. grew its holdings in shares of iShares India 50 ETF by 90.9% during the 3rd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 4,200 shares of the company's stock worth $175,000 after acquiring an additional 2,000 shares during the period. Finally, Raymond James & Associates purchased a new position in shares of iShares India 50 ETF during the 3rd quarter worth approximately $239,000.
Get iShares India 50 ETF alerts:iShares India 50 ETF Trading Down 0.2 %
INDY stock opened at $42.15 on Friday. iShares India 50 ETF has a fifty-two week low of $40.17 and a fifty-two week high of $48.51. The business's 50 day moving average price is $42.55 and its two-hundred day moving average price is $43.64.
iShares India 50 ETF Cuts Dividend
The company also recently announced a Semi-Annual dividend, which was paid on Monday, December 19th. Shareholders of record on Wednesday, December 14th were issued a dividend of $1.585 per share. The ex-dividend date was Tuesday, December 13th.
iShares India 50 ETF Profile
(Get Rating)
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.
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