Pasadena Private Wealth LLC Reduces Stake in iShares India 50 ETF (NASDAQ:INDY)

Pasadena Private Wealth LLC lowered its holdings in iShares India 50 ETF (NASDAQ:INDY) by 0.9% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 55,541 shares of the company’s stock after selling 496 shares during the quarter. iShares India 50 ETF comprises 0.6% of Pasadena Private Wealth LLC’s investment portfolio, making the stock its 24th biggest holding. Pasadena Private Wealth LLC owned about 0.32% of iShares India 50 ETF worth $2,801,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in INDY. Banque Cantonale Vaudoise purchased a new position in iShares India 50 ETF during the 1st quarter worth approximately $35,000. Spire Wealth Management raised its holdings in iShares India 50 ETF by 88.2% during the fourth quarter. Spire Wealth Management now owns 1,600 shares of the company’s stock worth $79,000 after purchasing an additional 750 shares during the last quarter. Simplex Trading LLC raised its holdings in iShares India 50 ETF by 683.2% during the fourth quarter. Simplex Trading LLC now owns 2,240 shares of the company’s stock worth $110,000 after purchasing an additional 1,954 shares during the last quarter. Toronto Dominion Bank acquired a new position in shares of iShares India 50 ETF in the third quarter worth $167,000. Finally, Kestra Advisory Services LLC acquired a new position in shares of iShares India 50 ETF in the third quarter worth $213,000.

iShares India 50 ETF Stock Down 0.1 %

Shares of NASDAQ:INDY traded down $0.03 during midday trading on Friday, reaching $53.83. The company’s stock had a trading volume of 8,777 shares, compared to its average volume of 89,350. The firm has a market cap of $925.88 million, a price-to-earnings ratio of 25.20 and a beta of 0.70. iShares India 50 ETF has a 1 year low of $43.60 and a 1 year high of $53.96. The business has a 50 day moving average price of $51.26 and a 200 day moving average price of $50.28.

iShares India 50 ETF Dividend Announcement

The business also recently disclosed a Semi-Annual dividend, which was paid on Monday, June 17th. Shareholders of record on Tuesday, June 11th were paid a dividend of $0.0418 per share. The ex-dividend date was Tuesday, June 11th.

iShares India 50 ETF Company 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.