Columbia India Consumer ETF (NYSEARCA:INCO) Trading 0.2% Higher – Here’s What Happened

Columbia India Consumer ETF (NYSEARCA:INCO) shot up 0.2% during trading on Thursday . The company traded as high as $65.28 and last traded at $65.16. 85,882 shares traded hands during trading, an increase of 74% from the average session volume of 49,368 shares. The stock had previously closed at $65.03.

Columbia India Consumer ETF Stock Up 0.2%

The business has a 50-day simple moving average of $63.55 and a two-hundred day simple moving average of $64.70. The stock has a market capitalization of $267.16 million, a price-to-earnings ratio of 39.45 and a beta of 0.42.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Flow Traders U.S. LLC raised its position in Columbia India Consumer ETF by 678.0% in the third quarter. Flow Traders U.S. LLC now owns 35,670 shares of the company’s stock worth $2,307,000 after acquiring an additional 31,085 shares in the last quarter. Jane Street Group LLC grew its stake in shares of Columbia India Consumer ETF by 20.4% in the 4th quarter. Jane Street Group LLC now owns 159,436 shares of the company’s stock worth $10,333,000 after purchasing an additional 26,981 shares during the last quarter. Osaic Holdings Inc. raised its holdings in shares of Columbia India Consumer ETF by 453.4% in the 2nd quarter. Osaic Holdings Inc. now owns 24,598 shares of the company’s stock worth $1,596,000 after purchasing an additional 20,153 shares in the last quarter. Haven Private LLC lifted its stake in Columbia India Consumer ETF by 75.8% during the second quarter. Haven Private LLC now owns 37,340 shares of the company’s stock valued at $2,423,000 after purchasing an additional 16,098 shares during the last quarter. Finally, tru Independence LLC boosted its holdings in Columbia India Consumer ETF by 12.7% during the fourth quarter. tru Independence LLC now owns 70,265 shares of the company’s stock worth $4,554,000 after buying an additional 7,900 shares in the last quarter.

About Columbia India Consumer ETF

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.