Unique Wealth Strategies LLC Buys New Holdings in iShares India 50 ETF (NASDAQ:INDY)

Unique Wealth Strategies LLC bought a new stake in iShares India 50 ETF (NASDAQ:INDY) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 14,492 shares of the company’s stock, valued at approximately $714,000.

Several other hedge funds have also recently added to or reduced their stakes in INDY. Simplex Trading LLC raised its holdings in iShares India 50 ETF by 683.2% in the fourth quarter. Simplex Trading LLC now owns 2,240 shares of the company’s stock valued at $110,000 after acquiring an additional 1,954 shares in the last quarter. Toronto Dominion Bank acquired a new stake in iShares India 50 ETF in the third quarter valued at approximately $167,000. Cambridge Investment Research Advisors Inc. acquired a new stake in iShares India 50 ETF in the third quarter valued at approximately $207,000. Oppenheimer & Co. Inc. acquired a new stake in iShares India 50 ETF in the third quarter valued at approximately $209,000. Finally, Kestra Advisory Services LLC acquired a new stake in iShares India 50 ETF in the third quarter valued at approximately $213,000.

iShares India 50 ETF Trading Down 0.4 %

NASDAQ:INDY traded down $0.18 during mid-day trading on Friday, hitting $50.59. The stock had a trading volume of 40,465 shares, compared to its average volume of 82,958. The stock has a 50-day simple moving average of $50.37 and a two-hundred day simple moving average of $48.47. The company has a market capitalization of $870.15 million, a PE ratio of 24.73 and a beta of 0.70. iShares India 50 ETF has a twelve month low of $42.15 and a twelve month high of $51.53.

iShares India 50 ETF 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.