Sei Investments Co. Boosts Stake in Invesco India ETF (NYSEARCA:PIN)

Sei Investments Co. lifted its holdings in Invesco India ETF (NYSEARCA:PIN) by 0.8% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 67,702 shares of the company’s stock after buying an additional 522 shares during the quarter. Sei Investments Co.’s holdings in Invesco India ETF were worth $1,694,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of PIN. Invesco Ltd. boosted its stake in shares of Invesco India ETF by 155.7% in the fourth quarter. Invesco Ltd. now owns 22,203 shares of the company’s stock valued at $572,000 after buying an additional 13,521 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in Invesco India ETF during the fourth quarter worth $1,580,000. MML Investors Services LLC purchased a new stake in Invesco India ETF during the fourth quarter worth $7,899,000. TD Waterhouse Canada Inc. boosted its position in Invesco India ETF by 94.7% during the fourth quarter. TD Waterhouse Canada Inc. now owns 16,204 shares of the company’s stock worth $417,000 after purchasing an additional 7,882 shares in the last quarter. Finally, Integrated Wealth Concepts LLC boosted its position in Invesco India ETF by 9.1% during the fourth quarter. Integrated Wealth Concepts LLC now owns 46,910 shares of the company’s stock worth $1,209,000 after purchasing an additional 3,897 shares in the last quarter. 40.83% of the stock is currently owned by hedge funds and other institutional investors.

Invesco India ETF Stock Performance

PIN opened at $25.46 on Friday. The business’s fifty day moving average is $26.32 and its two-hundred day moving average is $25.49. The company has a market cap of $216.16 million, a price-to-earnings ratio of 26.32 and a beta of 0.71. Invesco India ETF has a one year low of $23.07 and a one year high of $31.17.

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.