LPL Financial LLC Decreases Stock Holdings in VanEck India Growth Leaders ETF (NYSEARCA:GLIN)

LPL Financial LLC reduced its stake in shares of VanEck India Growth Leaders ETF (NYSEARCA:GLIN) by 40.7% during the first quarter, Holdings Channel reports. The firm owned 91,526 shares of the company’s stock after selling 62,912 shares during the quarter. LPL Financial LLC’s holdings in VanEck India Growth Leaders ETF were worth $3,923,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Capital Investment Advisory Services LLC boosted its holdings in shares of VanEck India Growth Leaders ETF by 3,157.9% during the 1st quarter. Capital Investment Advisory Services LLC now owns 619 shares of the company’s stock valued at $27,000 after buying an additional 600 shares in the last quarter. Wells Fargo & Company MN boosted its stake in VanEck India Growth Leaders ETF by 9,276.2% in the 4th quarter. Wells Fargo & Company MN now owns 3,938 shares of the company’s stock worth $194,000 after purchasing an additional 3,896 shares in the last quarter. Two Sigma Securities LLC bought a new position in VanEck India Growth Leaders ETF during the 4th quarter valued at about $256,000. SBI Securities Co. Ltd. lifted its stake in VanEck India Growth Leaders ETF by 16.2% during the 1st quarter. SBI Securities Co. Ltd. now owns 10,692 shares of the company’s stock valued at $458,000 after acquiring an additional 1,490 shares during the period. Finally, Flagstar Advisors Inc. lifted its stake in VanEck India Growth Leaders ETF by 71.3% during the 1st quarter. Flagstar Advisors Inc. now owns 11,540 shares of the company’s stock valued at $495,000 after acquiring an additional 4,805 shares during the period.

VanEck India Growth Leaders ETF Stock Performance

GLIN opened at $44.76 on Friday. The stock has a market capitalization of $128.91 million, a P/E ratio of 15.62 and a beta of 0.78. The company’s 50-day simple moving average is $46.48 and its two-hundred day simple moving average is $44.34. 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.