Silver Oak Securities Incorporated Buys New Position in iShares India 50 ETF (NASDAQ:INDY)

Silver Oak Securities Incorporated purchased a new position in iShares India 50 ETF (NASDAQ:INDY) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 27,031 shares of the company’s stock, valued at approximately $1,331,000.

A number of other hedge funds have also modified their holdings of the company. Realta Investment Advisors boosted its position in shares of iShares India 50 ETF by 8.9% in the fourth quarter. Realta Investment Advisors now owns 12,356 shares of the company’s stock worth $609,000 after purchasing an additional 1,005 shares during the period. Commonwealth Equity Services LLC boosted its position in shares of iShares India 50 ETF by 12.6% during the third quarter. Commonwealth Equity Services LLC now owns 13,057 shares of the company’s stock worth $590,000 after acquiring an additional 1,458 shares during the last quarter. Stifel Financial Corp boosted its position in shares of iShares India 50 ETF by 4.2% during the third quarter. Stifel Financial Corp now owns 41,655 shares of the company’s stock worth $1,883,000 after acquiring an additional 1,676 shares during the last quarter. Simplex Trading LLC boosted its position in shares of 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 acquiring an additional 1,954 shares during the last quarter. Finally, Gateway Advisory LLC boosted its position in shares of iShares India 50 ETF by 2.4% during the third quarter. Gateway Advisory LLC now owns 115,103 shares of the company’s stock worth $5,202,000 after acquiring an additional 2,733 shares during the last quarter.

iShares India 50 ETF Stock Performance

Shares of NASDAQ:INDY opened at $50.59 on Monday. The firm has a fifty day moving average price of $50.37 and a 200 day moving average price of $48.51. iShares India 50 ETF has a fifty-two week low of $42.15 and a fifty-two week high of $51.53. The firm has a market cap of $870.15 million, a price-to-earnings ratio of 24.73 and a beta of 0.70.

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.