Apollon Wealth Management LLC increased its stake in shares of iShares India 50 ETF (NASDAQ:INDY – Free Report) by 17.7% during the third quarter, HoldingsChannel.com reports. The fund owned 6,794 shares of the company’s stock after purchasing an additional 1,021 shares during the period. Apollon Wealth Management LLC’s holdings in iShares India 50 ETF were worth $382,000 as of its most recent SEC filing.
Other hedge funds have also made changes to their positions in the company. Park Place Capital Corp acquired a new position in shares of iShares India 50 ETF during the 2nd quarter valued at about $34,000. Optimum Investment Advisors bought a new stake in iShares India 50 ETF during the 3rd quarter valued at approximately $56,000. Farther Finance Advisors LLC boosted its stake in iShares India 50 ETF by 421.5% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,163 shares of the company’s stock valued at $65,000 after purchasing an additional 940 shares during the period. Lake Street Private Wealth LLC bought a new stake in iShares India 50 ETF during the 3rd quarter valued at approximately $204,000. Finally, Carret Asset Management LLC bought a new stake in iShares India 50 ETF during the 3rd quarter valued at approximately $212,000.
iShares India 50 ETF Stock Down 0.8 %
Shares of NASDAQ:INDY opened at $51.38 on Monday. The business has a 50 day moving average price of $54.46 and a 200 day moving average price of $53.55. iShares India 50 ETF has a twelve month low of $45.25 and a twelve month high of $57.30. The company has a market cap of $919.70 million, a price-to-earnings ratio of 25.20 and a beta of 0.70.
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.
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Want to see what other hedge funds are holding INDY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares India 50 ETF (NASDAQ:INDY – Free Report).
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