Yes, it's from an ancient Sanskrit symbol Swastika is a compound of su a particle meaning 'auspicious,' 'blessed,' 'virtuous,' 'beautiful,' and 'rightly'; and astika derived from the verb-root as to be; hence 'that which is blessed and excellent.'
also, look at Gammadion, a short-armed swastika, taking its name from the fact that it is composed of four Greek gammas. It was one of the most widely distributed sacred signs. Gammadions appeared on coins?Christians copied it and used it liberally on tombs and catacombs. Like its relative the swastika, the gammadion probably presented the solstices and equinoxes, or the four directions, four elements, and four divine guardians of the world.