Optimum Investment Advisors Makes New $100,000 Investment in Columbia India Consumer ETF (NYSEARCA:INCO)

Optimum Investment Advisors bought a new stake in Columbia India Consumer ETF (NYSEARCA:INCO) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 1,300 shares of the company’s stock, valued at approximately $100,000.

Several other large investors have also made changes to their positions in INCO. GPS Wealth Strategies Group LLC increased its holdings in Columbia India Consumer ETF by 504.8% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 629 shares of the company’s stock valued at $44,000 after purchasing an additional 525 shares in the last quarter. WBI Investments LLC raised its holdings in shares of Columbia India Consumer ETF by 11.0% in the second quarter. WBI Investments LLC now owns 5,467 shares of the company’s stock valued at $382,000 after buying an additional 540 shares during the last quarter. Clear Point Advisors Inc. acquired a new position in Columbia India Consumer ETF during the 2nd quarter worth about $62,000. Larson Financial Group LLC bought a new stake in Columbia India Consumer ETF during the 2nd quarter worth about $87,000. Finally, Commonwealth Equity Services LLC increased its position in Columbia India Consumer ETF by 8.5% in the 2nd quarter. Commonwealth Equity Services LLC now owns 34,792 shares of the company’s stock valued at $2,432,000 after acquiring an additional 2,715 shares in the last quarter.

Columbia India Consumer ETF Trading Down 0.4 %

Shares of NYSEARCA INCO opened at $71.91 on Friday. Columbia India Consumer ETF has a 1-year low of $52.35 and a 1-year high of $78.34. The company has a 50-day moving average of $74.73 and a two-hundred day moving average of $70.35. The company has a market cap of $316.40 million, a PE ratio of 73.79 and a beta of 0.49.

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.