Columbia India Consumer ETF (NYSEARCA:INCO – Get Free Report) shares traded up 1.7% during trading on Tuesday. The company traded as high as $59.94 and last traded at $59.69. Approximately 9,436 shares traded hands during trading, a decline of 73% from the average session volume of 35,402 shares. The stock had previously closed at $58.69.
Columbia India Consumer ETF Price Performance
The company has a market cap of $208.91 million, a P/E ratio of 39.45 and a beta of 0.46. The company has a 50 day moving average of $59.01 and a 200-day moving average of $59.65.
Hedge Funds Weigh In On Columbia India Consumer ETF
Institutional investors have recently made changes to their positions in the stock. Flagship Wealth Advisors LLC purchased a new stake in Columbia India Consumer ETF during the first quarter valued at about $66,000. Integrated Wealth Concepts LLC bought a new position in shares of Columbia India Consumer ETF in the second quarter worth approximately $84,000. Parallel Advisors LLC raised its holdings in Columbia India Consumer ETF by 12.6% during the 1st quarter. Parallel Advisors LLC now owns 2,415 shares of the company’s stock valued at $133,000 after buying an additional 270 shares during the last quarter. Archford Capital Strategies LLC boosted its position in Columbia India Consumer ETF by 6.6% during the 2nd quarter. Archford Capital Strategies LLC now owns 4,354 shares of the company’s stock valued at $260,000 after buying an additional 268 shares during the period. Finally, Sigma Planning Corp boosted its position in Columbia India Consumer ETF by 10.2% during the 1st quarter. Sigma Planning Corp now owns 5,847 shares of the company’s stock valued at $321,000 after buying an additional 539 shares during the period.
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.
Further Reading
- Five stocks we like better than Columbia India Consumer ETF
- Marriott’s Earnings Beat Shows Why It’s More Than a Bet on Travel Demand
- Franklin Templeton’s New ETFs Turn Stock Dividends Into Bitcoin—What’s the Catch?
- Apple’s Earnings Beat Comes With a Catch for Investors Heading Into the Holidays
- Palantir’s $2.3 Billion Quarter Puts Its Premium Valuation to the Test
Receive News & Ratings for Columbia India Consumer ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Columbia India Consumer ETF and related companies with MarketBeat.com's FREE daily email newsletter.
