iShares India 50 ETF (NASDAQ:INDY) Shares Sold by Truist Financial Corp

Truist Financial Corp lessened its stake in shares of iShares India 50 ETF (NASDAQ:INDY – Get Rating) by 5.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,447 shares of the company’s stock after selling 726 shares during the quarter. Truist Financial Corp’s holdings in iShares India 50 ETF were worth $568,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in INDY. Jane Street Group LLC purchased a new stake in iShares India 50 ETF during the 1st quarter worth about $13,018,000. UBS Group AG increased its position in iShares India 50 ETF by 15.9% during the 1st quarter. UBS Group AG now owns 188,818 shares of the company’s stock worth $8,716,000 after purchasing an additional 25,971 shares in the last quarter. The Manufacturers Life Insurance Company purchased a new stake in iShares India 50 ETF in the 1st quarter valued at about $1,124,000. AE Wealth Management LLC purchased a new stake in iShares India 50 ETF in the 3rd quarter valued at about $376,000. Finally, Teamwork Financial Advisors LLC purchased a new stake in iShares India 50 ETF in the 3rd quarter valued at about $376,000.

iShares India 50 ETF Stock Performance

INDY opened at $43.41 on Monday. The business has a 50-day moving average of $43.80 and a two-hundred day moving average of $43.67. iShares India 50 ETF has a 12 month low of $40.17 and a 12 month high of $48.51.

iShares India 50 ETF Cuts Dividend

The firm also recently declared a Semi-Annual dividend, which was paid on Monday, December 19th. Shareholders of record on Wednesday, December 14th were issued a $1.585 dividend. The ex-dividend date of this dividend was Tuesday, December 13th.

iShares India 50 ETF Profile

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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.