Columbia India Consumer ETF (NYSEARCA:INCO) Shares Down 0.1% – Here’s What Happened
by Danessa Lincoln · The Markets DailyColumbia India Consumer ETF (NYSEARCA:INCO – Get Free Report) shares fell 0.1% during mid-day trading on Monday . The company traded as low as $64.48 and last traded at $64.67. 10,959 shares traded hands during mid-day trading, a decline of 72% from the average session volume of 39,053 shares. The stock had previously closed at $64.71.
Columbia India Consumer ETF Trading Down 1.1%
The company’s fifty day moving average is $65.01 and its 200 day moving average is $64.88. The company has a market cap of $289.31 million, a P/E ratio of 39.45 and a beta of 0.42.
Hedge Funds Weigh In On Columbia India Consumer ETF
Several institutional investors and hedge funds have recently bought and sold shares of INCO. GPS Wealth Strategies Group LLC boosted its stake in shares of Columbia India Consumer ETF by 82.1% during the third quarter. GPS Wealth Strategies Group LLC now owns 497 shares of the company’s stock valued at $32,000 after purchasing an additional 224 shares during the period. Geneos Wealth Management Inc. raised its holdings in Columbia India Consumer ETF by 200.0% during the 1st quarter. Geneos Wealth Management Inc. now owns 900 shares of the company’s stock valued at $54,000 after buying an additional 600 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in Columbia India Consumer ETF by 366.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,218 shares of the company’s stock valued at $79,000 after buying an additional 957 shares during the last quarter. Flagship Wealth Advisors LLC boosted its position in Columbia India Consumer ETF by 25.0% during the 3rd quarter. Flagship Wealth Advisors LLC now owns 1,500 shares of the company’s stock valued at $97,000 after buying an additional 300 shares during the period. Finally, Ignite Planners LLC purchased a new stake in Columbia India Consumer ETF during the 2nd quarter valued at $208,000.
Columbia India Consumer ETF Company Profile
The Columbia India Consumer ETF (INCO) is an exchange-traded fund that is based on the INDXX India Consumer index, a market-cap-weighted index of 30 Indian consumer-sector stocks listed on the National Stock Exchange or the Bombay Stock Exchange. INCO was launched on Aug 10, 2011 and is managed by Columbia.