Artisan Partners Limited Partnership Sells 745 Shares of iShares India 50 ETF (NASDAQ:INDY)

Artisan Partners Limited Partnership decreased its stake in iShares India 50 ETF (NASDAQ:INDY) by 10.0% in the 4th quarter, Holdings Channel.com reports. The firm owned 6,704 shares of the company’s stock after selling 745 shares during the quarter. Artisan Partners Limited Partnership’s holdings in iShares India 50 ETF were worth $341,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. LPL Financial LLC grew its position in iShares India 50 ETF by 93.2% during the 4th quarter. LPL Financial LLC now owns 177,746 shares of the company’s stock worth $9,037,000 after acquiring an additional 85,760 shares during the last quarter. Raymond James Financial Inc. bought a new position in iShares India 50 ETF in the 4th quarter valued at approximately $2,299,000. Clear Creek Financial Management LLC bought a new stake in iShares India 50 ETF during the 4th quarter worth approximately $664,000. Finley Financial LLC bought a new position in shares of iShares India 50 ETF during the fourth quarter valued at $348,000. Finally, Atom Investors LP increased its holdings in iShares India 50 ETF by 40.9% in the third quarter. Atom Investors LP now owns 16,063 shares of the company’s stock valued at $904,000 after purchasing an additional 4,665 shares during the period.

iShares India 50 ETF Trading Down 0.8 %

NASDAQ INDY opened at $50.65 on Friday. iShares India 50 ETF has a 12 month low of $46.93 and a 12 month high of $57.30. The firm has a market capitalization of $888.91 million, a PE ratio of 21.11 and a beta of 0.70. The business’s 50-day moving average price is $49.21 and its two-hundred day moving average price is $51.81.

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.