Columbia India Consumer ETF (NYSEARCA:INCO) Shares Sold by Perennial Investment Advisors LLC

Perennial Investment Advisors LLC trimmed its stake in shares of Columbia India Consumer ETF (NYSEARCA:INCO) by 74.1% in the fourth quarter, Holdings Channel reports. The fund owned 3,262 shares of the company’s stock after selling 9,324 shares during the period. Perennial Investment Advisors LLC’s holdings in Columbia India Consumer ETF were worth $210,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of INCO. MML Investors Services LLC lifted its holdings in shares of Columbia India Consumer ETF by 2.0% during the third quarter. MML Investors Services LLC now owns 8,514 shares of the company’s stock worth $655,000 after purchasing an additional 165 shares during the period. Graney & King LLC acquired a new position in shares of Columbia India Consumer ETF during the fourth quarter worth about $31,000. Private Advisor Group LLC raised its holdings in Columbia India Consumer ETF by 33.4% during the fourth quarter. Private Advisor Group LLC now owns 4,440 shares of the company’s stock worth $286,000 after purchasing an additional 1,111 shares in the last quarter. Flagship Wealth Advisors LLC acquired a new stake in Columbia India Consumer ETF in the fourth quarter valued at about $77,000. Finally, GPS Wealth Strategies Group LLC boosted its holdings in Columbia India Consumer ETF by 103.7% in the 4th quarter. GPS Wealth Strategies Group LLC now owns 2,880 shares of the company’s stock valued at $186,000 after purchasing an additional 1,466 shares in the last quarter.

Columbia India Consumer ETF Trading Down 3.5 %

Shares of INCO stock opened at $58.18 on Monday. The stock has a 50 day simple moving average of $59.23 and a 200-day simple moving average of $65.37. The company has a market cap of $308.35 million, a price-to-earnings ratio of 36.61 and a beta of 0.71. Columbia India Consumer ETF has a 12-month low of $55.42 and a 12-month high of $78.34.

Columbia India Consumer ETF Company Profile

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.