KFA Private Wealth Group LLC Acquires New Holdings in iShares India 50 ETF (NASDAQ:INDY)

KFA Private Wealth Group LLC acquired a new stake in iShares India 50 ETF (NASDAQ:INDY) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 4,271 shares of the company’s stock, valued at approximately $217,000.

A number of other large investors have also recently added to or reduced their stakes in INDY. JPMorgan Chase & Co. grew its stake in iShares India 50 ETF by 190.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 808 shares of the company’s stock valued at $46,000 after acquiring an additional 530 shares during the last quarter. Optimum Investment Advisors acquired a new stake in shares of iShares India 50 ETF during the 3rd quarter worth about $56,000. Farther Finance Advisors LLC boosted its stake in shares of iShares India 50 ETF by 421.5% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,163 shares of the company’s stock worth $65,000 after purchasing an additional 940 shares during the last quarter. Lake Street Private Wealth LLC acquired a new stake in shares of iShares India 50 ETF during the 3rd quarter worth about $204,000. Finally, Carret Asset Management LLC acquired a new stake in shares of iShares India 50 ETF during the 3rd quarter worth about $212,000.

iShares India 50 ETF Price Performance

iShares India 50 ETF stock opened at $49.26 on Tuesday. iShares India 50 ETF has a 12-month low of $48.90 and a 12-month high of $57.30. The stock has a market capitalization of $879.29 million, a P/E ratio of 25.20 and a beta of 0.70. The firm’s 50-day moving average is $51.65 and its two-hundred day moving average is $53.43.

iShares India 50 ETF Announces Dividend

The company also recently declared a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were paid a dividend of $0.0801 per share. The ex-dividend date of this dividend was Tuesday, December 17th.

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.