iShares India 50 ETF (NASDAQ:INDY) Reaches New 1-Year High at $53.34

iShares India 50 ETF (NASDAQ:INDY)’s stock price hit a new 52-week high on Thursday . The company traded as high as $53.34 and last traded at $53.32, with a volume of 811 shares. The stock had previously closed at $52.92.

The stock’s fifty day moving average is $50.84 and its two-hundred day moving average is $47.46.

Several large investors have recently modified their holdings of the stock. Wells Fargo & Company MN boosted its holdings in shares of iShares India 50 ETF by 25.1% in the 2nd quarter. Wells Fargo & Company MN now owns 212,340 shares of the company’s stock worth $9,924,000 after buying an additional 42,658 shares during the last quarter. Morgan Stanley lifted its holdings in iShares India 50 ETF by 27.5% during the second quarter. Morgan Stanley now owns 167,207 shares of the company’s stock valued at $7,816,000 after purchasing an additional 36,065 shares during the last quarter. Jane Street Group LLC purchased a new stake in iShares India 50 ETF during the first quarter valued at about $6,404,000. Royal Bank of Canada lifted its holdings in iShares India 50 ETF by 404.5% during the second quarter. Royal Bank of Canada now owns 100,252 shares of the company’s stock valued at $4,685,000 after purchasing an additional 80,379 shares during the last quarter. Finally, Credit Suisse AG lifted its holdings in iShares India 50 ETF by 11.1% during the second quarter. Credit Suisse AG now owns 98,786 shares of the company’s stock valued at $4,617,000 after purchasing an additional 9,880 shares during the last quarter.

About iShares India 50 ETF (NASDAQ:INDY)

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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