PNC Financial Services Group Inc. Trims Stock Position in Columbia India Consumer ETF $INCO

PNC Financial Services Group Inc. cut its holdings in shares of Columbia India Consumer ETF (NYSEARCA:INCO) by 55.5% in the third quarter, HoldingsChannel reports. The firm owned 21,127 shares of the company’s stock after selling 26,310 shares during the period. PNC Financial Services Group Inc.’s holdings in Columbia India Consumer ETF were worth $1,366,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in the business. Archford Capital Strategies LLC grew its position in Columbia India Consumer ETF by 6.9% during the 3rd quarter. Archford Capital Strategies LLC now owns 3,397 shares of the company’s stock worth $220,000 after purchasing an additional 218 shares during the period. GPS Wealth Strategies Group LLC boosted its stake in shares of Columbia India Consumer ETF by 82.1% in the third quarter. GPS Wealth Strategies Group LLC now owns 497 shares of the company’s stock worth $32,000 after buying an additional 224 shares during the last quarter. Flagship Wealth Advisors LLC grew its holdings in Columbia India Consumer ETF by 25.0% during the third quarter. Flagship Wealth Advisors LLC now owns 1,500 shares of the company’s stock worth $97,000 after acquiring an additional 300 shares during the period. Geneos Wealth Management Inc. raised its position in Columbia India Consumer ETF by 200.0% during the first quarter. Geneos Wealth Management Inc. now owns 900 shares of the company’s stock valued at $54,000 after acquiring an additional 600 shares in the last quarter. Finally, Osborne Partners Capital Management LLC lifted its holdings in Columbia India Consumer ETF by 0.3% in the third quarter. Osborne Partners Capital Management LLC now owns 232,823 shares of the company’s stock valued at $15,056,000 after acquiring an additional 639 shares during the period.

Columbia India Consumer ETF Trading Down 0.8%

Columbia India Consumer ETF stock opened at $63.84 on Tuesday. The firm has a market cap of $261.74 million, a PE ratio of 39.45 and a beta of 0.42. Columbia India Consumer ETF has a 12 month low of $55.42 and a 12 month high of $68.02. The stock’s 50 day simple moving average is $63.64 and its two-hundred day simple moving average is $64.79.

Columbia India Consumer ETF 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.