Commonwealth Equity Services LLC Increases Stock Holdings in Invesco India ETF (NYSEARCA:PIN)

Commonwealth Equity Services LLC lifted its stake in shares of Invesco India ETF (NYSEARCA:PIN) by 2.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 17,119 shares of the company’s stock after buying an additional 386 shares during the period. Commonwealth Equity Services LLC owned about 0.20% of Invesco India ETF worth $500,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Tradition Wealth Management LLC raised its stake in shares of Invesco India ETF by 247.3% in the fourth quarter. Tradition Wealth Management LLC now owns 3,820 shares of the company’s stock valued at $98,000 after buying an additional 2,720 shares during the period. Centaurus Financial Inc. bought a new stake in shares of Invesco India ETF in the fourth quarter valued at $124,000. Contravisory Investment Management Inc. bought a new stake in shares of Invesco India ETF in the second quarter valued at $436,000. Krilogy Financial LLC raised its stake in shares of Invesco India ETF by 4.5% in the second quarter. Krilogy Financial LLC now owns 25,994 shares of the company’s stock valued at $760,000 after buying an additional 1,129 shares during the period. Finally, Sei Investments Co. raised its stake in shares of Invesco India ETF by 28.3% in the first quarter. Sei Investments Co. now owns 69,485 shares of the company’s stock valued at $1,857,000 after buying an additional 15,325 shares during the period.

Invesco India ETF Stock Performance

NYSEARCA:PIN opened at $30.63 on Friday. Invesco India ETF has a 52-week low of $22.52 and a 52-week high of $30.89. The firm has a market cap of $264.64 million, a price-to-earnings ratio of 26.92 and a beta of 0.55. The business’s fifty day moving average is $29.80 and its 200 day moving average is $28.40.

Invesco India ETF Profile

PowerShares India Portfolio (the Fund) is based on the Indus India Index (Index). The Fund seeks to achieve its investment objective by investing substantially all of its assets in a wholly-owned subsidiary located in the Republic of Mauritius (the Subsidiary), which in turn invests at least 90% of its total assets in securities of Indian companies that consists of the Index, as well as American depositary receipts(ADR) and global depositary receipts (GDR) based on the securities in the Index.