VanEck India Growth Leaders ETF (NYSEARCA:GLIN) Shares Down 1% – Should You Sell?

VanEck India Growth Leaders ETF (NYSEARCA:GLIN) was down 1% on Wednesday . The stock traded as low as $44.54 and last traded at $44.64. Approximately 6,486 shares were traded during mid-day trading, a decline of 90% from the average session volume of 66,572 shares. The stock had previously closed at $45.07.

VanEck India Growth Leaders ETF Stock Down 1.0%

The firm has a market cap of $94.64 million, a PE ratio of 15.62 and a beta of 0.69. The stock has a 50 day moving average price of $45.40 and a two-hundred day moving average price of $44.87.

Institutional Trading of VanEck India Growth Leaders ETF

Several large investors have recently bought and sold shares of GLIN. Royal Bank of Canada increased its stake in VanEck India Growth Leaders ETF by 26.6% during the 1st quarter. Royal Bank of Canada now owns 4,892 shares of the company’s stock valued at $198,000 after purchasing an additional 1,027 shares in the last quarter. J. Safra Sarasin Holding AG acquired a new stake in shares of VanEck India Growth Leaders ETF during the first quarter worth $264,000. Ascent Advisors LLC acquired a new stake in shares of VanEck India Growth Leaders ETF during the first quarter worth $302,000. MML Investors Services LLC grew its holdings in shares of VanEck India Growth Leaders ETF by 2.8% during the fourth quarter. MML Investors Services LLC now owns 115,019 shares of the company’s stock valued at $5,302,000 after buying an additional 3,168 shares during the last quarter. Finally, Jane Street Group LLC grew its holdings in shares of VanEck India Growth Leaders ETF by 11.1% during the fourth quarter. Jane Street Group LLC now owns 50,024 shares of the company’s stock valued at $2,306,000 after buying an additional 4,993 shares during the last quarter.

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.