Private Wealth Management Group LLC Acquires New Shares in Invesco India ETF (NYSEARCA:PIN)

Private Wealth Management Group LLC bought a new position in Invesco India ETF (NYSEARCA:PIN) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 1,140 shares of the company’s stock, valued at approximately $29,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. grew its stake in shares of Invesco India ETF by 20.3% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,206 shares of the company’s stock valued at $64,000 after buying an additional 372 shares in the last quarter. Daymark Wealth Partners LLC grew its position in Invesco India ETF by 8.4% in the fourth quarter. Daymark Wealth Partners LLC now owns 7,800 shares of the company’s stock worth $201,000 after acquiring an additional 606 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its position in Invesco India ETF by 7.3% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 9,314 shares of the company’s stock worth $286,000 after acquiring an additional 635 shares in the last quarter. Arizona PSPRS Trust acquired a new position in shares of Invesco India ETF during the 3rd quarter worth $458,000. Finally, HighTower Advisors LLC raised its holdings in shares of Invesco India ETF by 19.6% during the 3rd quarter. HighTower Advisors LLC now owns 15,014 shares of the company’s stock valued at $465,000 after purchasing an additional 2,460 shares in the last quarter.

Invesco India ETF Stock Performance

Shares of NYSEARCA:PIN opened at $25.08 on Thursday. Invesco India ETF has a 1 year low of $24.40 and a 1 year high of $31.17. The firm has a fifty day moving average price of $26.62 and a 200 day moving average price of $28.52. The stock has a market capitalization of $216.69 million, a PE ratio of 26.92 and a beta of 0.55.

About Invesco India ETF

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.