McAdam LLC Grows Position in Invesco India ETF $PIN

McAdam LLC grew its position in Invesco India ETF (NYSEARCA:PIN) by 7.2% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 224,377 shares of the company’s stock after acquiring an additional 15,015 shares during the quarter. McAdam LLC owned 2.56% of Invesco India ETF worth $6,047,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of PIN. Cetera Investment Advisers increased its position in Invesco India ETF by 43.5% in the first quarter. Cetera Investment Advisers now owns 54,842 shares of the company’s stock worth $1,372,000 after purchasing an additional 16,635 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in shares of Invesco India ETF by 11.0% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 10,337 shares of the company’s stock worth $266,000 after buying an additional 1,023 shares in the last quarter. HighTower Advisors LLC grew its stake in shares of Invesco India ETF by 7.4% in the 1st quarter. HighTower Advisors LLC now owns 19,061 shares of the company’s stock worth $477,000 after buying an additional 1,314 shares in the last quarter. OLD Mission Capital LLC increased its holdings in shares of Invesco India ETF by 409.0% in the 1st quarter. OLD Mission Capital LLC now owns 191,228 shares of the company’s stock worth $4,783,000 after buying an additional 153,662 shares during the last quarter. Finally, Weatherly Asset Management L. P. raised its position in shares of Invesco India ETF by 16.4% during the 2nd quarter. Weatherly Asset Management L. P. now owns 24,886 shares of the company’s stock valued at $671,000 after buying an additional 3,510 shares in the last quarter. 40.83% of the stock is currently owned by institutional investors.

Invesco India ETF Trading Down 0.6%

Shares of NYSEARCA:PIN opened at $25.38 on Thursday. The company has a market cap of $215.48 million, a price-to-earnings ratio of 26.32 and a beta of 0.71. Invesco India ETF has a 12 month low of $23.07 and a 12 month high of $31.17. The company has a 50-day moving average price of $25.71 and a 200 day moving average price of $25.77.

Invesco India ETF Company 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.