Perennial Investment Advisors LLC Sells 11,006 Shares of VanEck India Growth Leaders ETF $GLIN

Perennial Investment Advisors LLC cut its stake in shares of VanEck India Growth Leaders ETF (NYSEARCA:GLIN) by 62.2% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 6,679 shares of the company’s stock after selling 11,006 shares during the quarter. Perennial Investment Advisors LLC’s holdings in VanEck India Growth Leaders ETF were worth $322,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Guild Investment Management Inc. lifted its stake in shares of VanEck India Growth Leaders ETF by 0.9% in the second quarter. Guild Investment Management Inc. now owns 102,669 shares of the company’s stock worth $4,947,000 after acquiring an additional 902 shares during the period. Kickstand Ventures LLC. boosted its stake in shares of VanEck India Growth Leaders ETF by 2.0% in the 2nd quarter. Kickstand Ventures LLC. now owns 82,795 shares of the company’s stock valued at $3,990,000 after purchasing an additional 1,645 shares during the last quarter. Raymond James Financial Inc. boosted its stake in shares of VanEck India Growth Leaders ETF by 1.5% in the 1st quarter. Raymond James Financial Inc. now owns 114,117 shares of the company’s stock valued at $4,892,000 after purchasing an additional 1,691 shares during the last quarter. Ferguson Shapiro LLC raised its stake in VanEck India Growth Leaders ETF by 1.9% during the second quarter. Ferguson Shapiro LLC now owns 117,363 shares of the company’s stock worth $5,655,000 after buying an additional 2,157 shares during the last quarter. Finally, Assetmark Inc. boosted its position in VanEck India Growth Leaders ETF by 24.6% during the first quarter. Assetmark Inc. now owns 20,123 shares of the company’s stock valued at $863,000 after acquiring an additional 3,975 shares during the last quarter.

VanEck India Growth Leaders ETF Price Performance

Shares of NYSEARCA:GLIN opened at $46.94 on Thursday. VanEck India Growth Leaders ETF has a 1 year low of $38.88 and a 1 year high of $53.32. The business’s 50-day moving average is $45.98 and its 200-day moving average is $45.95. The company has a market capitalization of $125.33 million, a price-to-earnings ratio of 15.62 and a beta of 0.63.

About VanEck India Growth Leaders ETF

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.