Focused Alpha LLC Makes New Investment in Columbia International Equity Income ETF $INEQ

Focused Alpha LLC bought a new position in Columbia International Equity Income ETF (NYSEARCA:INEQ) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 111,561 shares of the company’s stock, valued at approximately $4,425,000. Columbia International Equity Income ETF accounts for about 1.1% of Focused Alpha LLC’s investment portfolio, making the stock its 25th largest holding.

Other institutional investors and hedge funds have also made changes to their positions in the company. Retirement Planning Group LLC purchased a new stake in shares of Columbia International Equity Income ETF during the first quarter valued at $1,967,000. Cetera Investment Advisers increased its stake in Columbia International Equity Income ETF by 74.1% in the 1st quarter. Cetera Investment Advisers now owns 111,639 shares of the company’s stock worth $4,359,000 after buying an additional 47,525 shares during the period. Private Advisor Group LLC purchased a new position in Columbia International Equity Income ETF in the 1st quarter worth about $7,913,000. Axis Wealth Partners LLC lifted its holdings in Columbia International Equity Income ETF by 5.0% during the 1st quarter. Axis Wealth Partners LLC now owns 5,809 shares of the company’s stock valued at $227,000 after buying an additional 279 shares in the last quarter. Finally, PNC Financial Services Group Inc. lifted its holdings in Columbia International Equity Income ETF by 42.7% during the 1st quarter. PNC Financial Services Group Inc. now owns 17,761 shares of the company’s stock valued at $693,000 after buying an additional 5,317 shares in the last quarter.

Columbia International Equity Income ETF Price Performance

Shares of INEQ opened at $39.10 on Tuesday. The firm has a market capitalization of $93.84 million, a price-to-earnings ratio of 13.51 and a beta of 0.61. Columbia International Equity Income ETF has a 1-year low of $35.72 and a 1-year high of $42.65. The company has a 50-day moving average of $40.93 and a 200 day moving average of $40.28.

Columbia International Equity Income ETF Company Profile

The Columbia International Equity Income ETF (INEQ) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed portfolio of dividend-paying companies in developed markets outside the US. The fund uses a proprietary, fundamental selection process with an exclusionary screen for ESG risk INEQ was launched on Jun 13, 2016 and is issued by Columbia Threadneedle.