UBS Group AG boosted its stake in iShares India 50 ETF (NASDAQ:INDY – Get Rating) by 3.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 196,465 shares of the company's stock after acquiring an additional 5,952 shares during the period. UBS Group AG owned 1.48% of iShares India 50 ETF worth $8,292,000 at the end of the most recent reporting period.
Several other large investors have also added to or reduced their stakes in the stock. Cypress Capital Group boosted its holdings in iShares India 50 ETF by 1.1% in the third quarter. Cypress Capital Group now owns 25,764 shares of the company's stock valued at $1,087,000 after acquiring an additional 286 shares in the last quarter. Cibc World Market Inc. lifted its position in iShares India 50 ETF by 2.0% during the first quarter. Cibc World Market Inc. now owns 15,232 shares of the company's stock valued at $703,000 after buying an additional 304 shares during the period. Envestnet Asset Management Inc. lifted its position in iShares India 50 ETF by 4.8% during the first quarter. Envestnet Asset Management Inc. now owns 8,043 shares of the company's stock valued at $371,000 after buying an additional 369 shares during the period. First Republic Investment Management Inc. lifted its position in iShares India 50 ETF by 5.2% during the first quarter. First Republic Investment Management Inc. now owns 9,673 shares of the company's stock valued at $447,000 after buying an additional 480 shares during the period. Finally, Private Trust Co. NA purchased a new position in iShares India 50 ETF during the second quarter valued at $29,000.
Get iShares India 50 ETF alerts:iShares India 50 ETF Trading Down 1.2 %
Shares of iShares India 50 ETF stock opened at $40.95 on Friday. The firm has a market capitalization of $571.25 million, a P/E ratio of 22.30 and a beta of 0.72. The business has a fifty day simple moving average of $42.34 and a two-hundred day simple moving average of $43.53. iShares India 50 ETF has a 12 month low of $40.17 and a 12 month high of $48.51.
iShares India 50 ETF Cuts Dividend
The company also recently disclosed a Semi-Annual dividend, which was paid on Monday, December 19th. Shareholders of record on Wednesday, December 14th were given a dividend of $1.585 per share. The ex-dividend date was Tuesday, December 13th.
About iShares India 50 ETF
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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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