Avalon Capital Management Sells 566 Shares of VanEck India Growth Leaders ETF (NYSEARCA:GLIN)

Avalon Capital Management decreased its position in shares of VanEck India Growth Leaders ETF (NYSEARCA:GLIN) by 1.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 29,840 shares of the company’s stock after selling 566 shares during the period. Avalon Capital Management’s holdings in VanEck India Growth Leaders ETF were worth $1,468,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of the company. Raymond James & Associates lifted its stake in VanEck India Growth Leaders ETF by 9.9% in the third quarter. Raymond James & Associates now owns 115,088 shares of the company’s stock worth $6,284,000 after acquiring an additional 10,323 shares during the period. MML Investors Services LLC lifted its stake in VanEck India Growth Leaders ETF by 16.0% in the third quarter. MML Investors Services LLC now owns 71,168 shares of the company’s stock worth $3,886,000 after acquiring an additional 9,833 shares during the period. Ferguson Shapiro LLC lifted its stake in VanEck India Growth Leaders ETF by 9.7% in the fourth quarter. Ferguson Shapiro LLC now owns 99,134 shares of the company’s stock worth $4,875,000 after acquiring an additional 8,748 shares during the period. Lionsbridge Wealth Management LLC purchased a new stake in VanEck India Growth Leaders ETF in the third quarter worth about $419,000. Finally, Kickstand Ventures LLC. lifted its stake in VanEck India Growth Leaders ETF by 10.0% in the fourth quarter. Kickstand Ventures LLC. now owns 74,495 shares of the company’s stock worth $3,664,000 after acquiring an additional 6,776 shares during the period.

VanEck India Growth Leaders ETF Price Performance

NYSEARCA:GLIN opened at $41.75 on Tuesday. VanEck India Growth Leaders ETF has a 1-year low of $41.45 and a 1-year high of $55.50. The company has a 50-day moving average of $46.24 and a 200 day moving average of $50.55. The firm has a market cap of $119.82 million, a PE ratio of 21.13 and a beta of 0.54.

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.