Invesco India ETF $PIN Stock Holdings Boosted by Washington Growth Strategies LLC

Washington Growth Strategies LLC raised its position in shares of Invesco India ETF (NYSEARCA:PIN) by 44,552.0% in the second quarter, HoldingsChannel.com reports. The firm owned 11,163 shares of the company’s stock after buying an additional 11,138 shares during the period. Washington Growth Strategies LLC’s holdings in Invesco India ETF were worth $301,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Ameritas Advisory Services LLC acquired a new stake in shares of Invesco India ETF during the 2nd quarter valued at $37,000. Wealth Enhancement Advisory Services LLC acquired a new stake in shares of Invesco India ETF during the 2nd quarter valued at $244,000. Cambridge Investment Research Advisors Inc. lifted its position in shares of Invesco India ETF by 13.8% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 11,552 shares of the company’s stock valued at $289,000 after acquiring an additional 1,400 shares during the last quarter. HighTower Advisors LLC lifted its position in shares of Invesco India ETF by 7.4% during the 1st quarter. HighTower Advisors LLC now owns 19,061 shares of the company’s stock valued at $477,000 after acquiring an additional 1,314 shares during the last quarter. Finally, Checchi Capital Advisers LLC lifted its position in shares of Invesco India ETF by 26.0% during the 1st quarter. Checchi Capital Advisers LLC now owns 20,876 shares of the company’s stock valued at $522,000 after acquiring an additional 4,312 shares during the last quarter. Institutional investors and hedge funds own 40.83% of the company’s stock.

Invesco India ETF Stock Performance

Shares of NYSEARCA:PIN opened at $25.28 on Friday. Invesco India ETF has a one year low of $23.07 and a one year high of $30.20. The stock has a fifty day moving average of $25.54 and a 200-day moving average of $25.84. The company has a market capitalization of $208.81 million, a PE ratio of 26.32 and a beta of 0.71.

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.