iShares India 50 ETF (INDY) Shares Sold by Sequent Asset Management LLC

Sequent Asset Management LLC reduced its stake in iShares India 50 ETF (NASDAQ:INDY) by 13.3% during the 2nd quarter, HoldingsChannel reports. The fund owned 93,015 shares of the company’s stock after selling 14,228 shares during the quarter. iShares India 50 ETF makes up approximately 2.3% of Sequent Asset Management LLC’s investment portfolio, making the stock its 9th biggest position. Sequent Asset Management LLC’s holdings in iShares India 50 ETF were worth $3,273,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Signaturefd LLC acquired a new stake in iShares India 50 ETF in the first quarter valued at $111,000. Toronto Dominion Bank raised its stake in iShares India 50 ETF by 50.0% in the first quarter. Toronto Dominion Bank now owns 4,500 shares of the company’s stock valued at $159,000 after buying an additional 1,500 shares in the last quarter. Citigroup Inc. raised its stake in iShares India 50 ETF by 1,111.1% in the first quarter. Citigroup Inc. now owns 5,450 shares of the company’s stock valued at $193,000 after buying an additional 5,000 shares in the last quarter. Advisory Services Network LLC raised its stake in iShares India 50 ETF by 34.8% in the second quarter. Advisory Services Network LLC now owns 6,364 shares of the company’s stock valued at $234,000 after buying an additional 1,643 shares in the last quarter. Finally, Fort Washington Investment Advisors Inc. OH acquired a new stake in iShares India 50 ETF in the first quarter valued at $244,000.

iShares India 50 ETF traded up $0.08, reaching $37.22, during midday trading on Monday, MarketBeat Ratings reports. The company’s stock had a trading volume of 83,424 shares, compared to its average volume of 291,637. iShares India 50 ETF has a fifty-two week low of $33.37 and a fifty-two week high of $39.29.



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.

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Institutional Ownership by Quarter for iShares India 50 ETF (NASDAQ:INDY)

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