BOCHK Asset Management Ltd Invests $102,000 in iShares India 50 ETF (NASDAQ:INDY)

Posted by Tristan Rich on Jan 29th, 2025

BOCHK Asset Management Ltd bought a new position in shares of iShares India 50 ETF (NASDAQ:INDY – Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 2,000 shares of the company’s stock, valued at approximately $102,000.

A number of other hedge funds have also modified their holdings of INDY. Pitcairn Co. purchased a new position in shares of iShares India 50 ETF during the third quarter worth approximately $658,000. Finley Financial LLC purchased a new position in shares of iShares India 50 ETF during the fourth quarter worth approximately $348,000. Marshall Wace LLP purchased a new position in shares of iShares India 50 ETF during the second quarter worth approximately $317,000. Atom Investors LP grew its position in shares of iShares India 50 ETF by 40.9% during the third quarter. Atom Investors LP now owns 16,063 shares of the company’s stock worth $904,000 after acquiring an additional 4,665 shares during the last quarter. Finally, KFA Private Wealth Group LLC acquired a new stake in shares of iShares India 50 ETF during the fourth quarter worth $217,000.

iShares India 50 ETF Price Performance

Shares of NASDAQ INDY opened at $49.42 on Wednesday. The stock has a fifty day moving average price of $51.60 and a 200 day moving average price of $53.39. iShares India 50 ETF has a 1-year low of $48.90 and a 1-year high of $57.30. The company has a market cap of $882.15 million, a PE ratio of 25.20 and a beta of 0.70.

iShares India 50 ETF Dividend Announcement

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

About iShares India 50 ETF

(Free Report)

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.