VanEck India Growth Leaders ETF (NYSEARCA:GLIN) Shares Acquired by Perennial Investment Advisors LLC

Perennial Investment Advisors LLC boosted its stake in VanEck India Growth Leaders ETF (NYSEARCA:GLIN) by 15.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 29,066 shares of the company’s stock after purchasing an additional 3,957 shares during the period. Perennial Investment Advisors LLC owned approximately 1.01% of VanEck India Growth Leaders ETF worth $1,429,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the stock. Wells Fargo & Company MN lifted its stake in shares of VanEck India Growth Leaders ETF by 9,276.2% in the fourth quarter. Wells Fargo & Company MN now owns 3,938 shares of the company’s stock worth $194,000 after acquiring an additional 3,896 shares in the last quarter. Flagstar Advisors Inc. lifted its position in shares of VanEck India Growth Leaders ETF by 23.1% during the fourth quarter. Flagstar Advisors Inc. now owns 6,735 shares of the company’s stock worth $331,000 after purchasing an additional 1,263 shares during the last quarter. SBI Securities Co. Ltd. acquired a new position in VanEck India Growth Leaders ETF in the fourth quarter worth about $453,000. Prudential Financial Inc. bought a new stake in VanEck India Growth Leaders ETF in the fourth quarter valued at about $561,000. Finally, Assetmark Inc. acquired a new stake in VanEck India Growth Leaders ETF during the fourth quarter valued at approximately $794,000.

VanEck India Growth Leaders ETF Trading Down 5.2 %

Shares of GLIN opened at $40.70 on Friday. The firm has a market cap of $124.95 million, a price-to-earnings ratio of 15.62 and a beta of 0.97. The stock has a 50 day moving average of $42.18 and a 200-day moving average of $48.25. VanEck India Growth Leaders ETF has a 52 week low of $38.88 and a 52 week high of $55.50.

VanEck India Growth Leaders ETF Company Profile

The VanEck India Growth Leaders ETF (GLIN) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market-cap-weighted index of growth companies in India. GLIN was launched on Aug 25, 2010 and is managed by VanEck.