Columbia India Consumer ETF (NYSEARCA:INCO) Shares Down 0.3% – Here’s Why

Columbia India Consumer ETF (NYSEARCA:INCO) shares traded down 0.3% during mid-day trading on Monday . The company traded as low as $62.12 and last traded at $62.12. 5,553 shares traded hands during trading, a decline of 87% from the average daily volume of 43,407 shares. The stock had previously closed at $62.31.

Columbia India Consumer ETF Trading Down 0.5%

The business’s fifty day moving average price is $60.22 and its 200 day moving average price is $59.67. The firm has a market capitalization of $234.99 million, a price-to-earnings ratio of 39.45 and a beta of 0.44.

Institutional Investors Weigh In On Columbia India Consumer ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. Bank of America Corp DE boosted its holdings in Columbia India Consumer ETF by 9.4% in the 1st quarter. Bank of America Corp DE now owns 446,160 shares of the company’s stock valued at $24,525,000 after purchasing an additional 38,464 shares in the last quarter. Osborne Partners Capital Management LLC increased its position in Columbia India Consumer ETF by 14.7% during the 1st quarter. Osborne Partners Capital Management LLC now owns 263,029 shares of the company’s stock worth $14,459,000 after purchasing an additional 33,678 shares during the period. Jane Street Group LLC raised its stake in shares of Columbia India Consumer ETF by 20.4% during the 4th quarter. Jane Street Group LLC now owns 159,436 shares of the company’s stock worth $10,333,000 after buying an additional 26,981 shares in the last quarter. Quattro Advisors LLC purchased a new position in shares of Columbia India Consumer ETF during the 4th quarter worth approximately $1,646,000. Finally, OLD Mission Capital LLC raised its stake in shares of Columbia India Consumer ETF by 129.9% during the 4th quarter. OLD Mission Capital LLC now owns 19,667 shares of the company’s stock worth $1,275,000 after buying an additional 11,114 shares in the last quarter.

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.