Citigroup Inc. increased its position in iShares India 50 ETF (NASDAQ:INDY) by 555.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 2,950 shares of the company’s stock after purchasing an additional 2,500 shares during the quarter. Citigroup Inc.’s holdings in iShares India 50 ETF were worth $104,000 as of its most recent SEC filing.
Other hedge funds have also recently modified their holdings of the company. Bank of Montreal Can grew its holdings in iShares India 50 ETF by 238.5% during the fourth quarter. Bank of Montreal Can now owns 1,117 shares of the company’s stock worth $40,000 after purchasing an additional 787 shares during the period. Westside Investment Management Inc. bought a new stake in iShares India 50 ETF in the fourth quarter valued at approximately $48,000. Foundations Investment Advisors LLC bought a new stake in iShares India 50 ETF in the fourth quarter valued at approximately $551,000. First Republic Investment Management Inc. bought a new stake in iShares India 50 ETF in the third quarter valued at approximately $757,000. Finally, JPMorgan Chase & Co. lifted its position in shares of iShares India 50 ETF by 26.1% in the third quarter. JPMorgan Chase & Co. now owns 23,835 shares of the company’s stock valued at $815,000 after buying an additional 4,940 shares during the last quarter.
Shares of NASDAQ INDY opened at $38.28 on Friday. iShares India 50 ETF has a 12 month low of $31.04 and a 12 month high of $38.53.
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About iShares India 50 ETF
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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