Avalon Capital Management Reduces Stock Holdings in VanEck India Growth Leaders ETF (NYSEARCA:GLIN)

Avalon Capital Management lowered its holdings in shares of VanEck India Growth Leaders ETF (NYSEARCA:GLIN) by 1.9% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 29,840 shares of the company’s stock after selling 566 shares during the quarter. Avalon Capital Management owned approximately 1.04% of VanEck India Growth Leaders ETF worth $1,468,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the business. Private Advisor Group LLC bought a new stake in VanEck India Growth Leaders ETF during the 3rd quarter worth approximately $299,000. Flagstar Advisors Inc. lifted its holdings in VanEck India Growth Leaders ETF by 13.9% during the third quarter. Flagstar Advisors Inc. now owns 5,472 shares of the company’s stock valued at $299,000 after purchasing an additional 666 shares in the last quarter. Lionsbridge Wealth Management LLC purchased a new position in VanEck India Growth Leaders ETF during the third quarter valued at approximately $419,000. 1858 Wealth Management LLC lifted its holdings in VanEck India Growth Leaders ETF by 17.9% during the fourth quarter. 1858 Wealth Management LLC now owns 18,054 shares of the company’s stock valued at $888,000 after purchasing an additional 2,746 shares in the last quarter. Finally, Destiny Wealth Partners LLC lifted its holdings in VanEck India Growth Leaders ETF by 4.0% during the fourth quarter. Destiny Wealth Partners LLC now owns 53,796 shares of the company’s stock valued at $2,646,000 after purchasing an additional 2,054 shares in the last quarter.

VanEck India Growth Leaders ETF Price Performance

Shares of 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 market capitalization of $119.82 million, a P/E ratio of 21.13 and a beta of 0.54. The firm’s 50 day simple moving average is $46.24 and its two-hundred day simple moving average is $50.55.

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.