Royal Bank of Canada Grows Position in iShares India 50 ETF (NASDAQ:INDY)

Royal Bank of Canada raised its holdings in iShares India 50 ETF (NASDAQ:INDY) by 8.1% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 139,653 shares of the company’s stock after acquiring an additional 10,450 shares during the period. Royal Bank of Canada owned approximately 0.66% of iShares India 50 ETF worth $5,362,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the business. Meridian Wealth Management LLC purchased a new position in shares of iShares India 50 ETF during the 1st quarter valued at about $34,000. Westside Investment Management Inc. purchased a new position in shares of iShares India 50 ETF during the 2nd quarter valued at about $51,000. Coastal Investment Advisors Inc. raised its holdings in shares of iShares India 50 ETF by 764.7% during the 2nd quarter. Coastal Investment Advisors Inc. now owns 1,470 shares of the company’s stock valued at $57,000 after buying an additional 1,300 shares in the last quarter. US Bancorp DE raised its holdings in shares of iShares India 50 ETF by 19.1% during the 2nd quarter. US Bancorp DE now owns 2,067 shares of the company’s stock valued at $80,000 after buying an additional 332 shares in the last quarter. Finally, Advisory Services Network LLC raised its holdings in shares of iShares India 50 ETF by 534.4% during the 2nd quarter. Advisory Services Network LLC now owns 2,157 shares of the company’s stock valued at $83,000 after buying an additional 1,817 shares in the last quarter.

Shares of NASDAQ INDY opened at $36.04 on Friday. iShares India 50 ETF has a 1-year low of $31.04 and a 1-year high of $39.53. The stock’s 50-day moving average is $35.32 and its 200 day moving average is $36.99.

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.

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

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