VanEck India Growth Leaders ETF (NYSEARCA:GLIN) Stock Price Down 1% – Time to Sell?

VanEck India Growth Leaders ETF (NYSEARCA:GLIN)’s share price was down 1% during trading on Wednesday . The stock traded as low as $44.54 and last traded at $44.64. 6,486 shares traded hands during trading, a decline of 90% from the average daily volume of 66,572 shares. The stock had previously closed at $45.07.

VanEck India Growth Leaders ETF Stock Performance

The stock has a market cap of $96.08 million, a PE ratio of 15.62 and a beta of 0.69. The business has a 50 day moving average price of $45.40 and a two-hundred day moving average price of $44.87.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Royal Bank of Canada raised its stake in shares of VanEck India Growth Leaders ETF by 11.1% in the fourth quarter. Royal Bank of Canada now owns 3,865 shares of the company’s stock valued at $178,000 after buying an additional 387 shares during the period. Farther Finance Advisors LLC grew its stake in shares of VanEck India Growth Leaders ETF by 1.8% during the 4th quarter. Farther Finance Advisors LLC now owns 96,770 shares of the company’s stock worth $4,461,000 after acquiring an additional 1,700 shares during the period. Guild Investment Management Inc. grew its stake in shares of VanEck India Growth Leaders ETF by 1.6% during the 4th quarter. Guild Investment Management Inc. now owns 106,480 shares of the company’s stock worth $4,909,000 after acquiring an additional 1,703 shares during the period. Kickstand Ventures LLC. increased its holdings in VanEck India Growth Leaders ETF by 2.4% in the 4th quarter. Kickstand Ventures LLC. now owns 88,434 shares of the company’s stock worth $4,077,000 after acquiring an additional 2,092 shares during the last quarter. Finally, Osaic Holdings Inc. increased its holdings in VanEck India Growth Leaders ETF by 21.7% in the 2nd quarter. Osaic Holdings Inc. now owns 12,304 shares of the company’s stock worth $577,000 after acquiring an additional 2,198 shares during the last quarter.

About VanEck India Growth Leaders ETF

The VanEck India Growth Leaders ETF (GLIN) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market-cap-weighted index of growth companies in India. GLIN was launched on Aug 25, 2010 and is managed by VanEck.