WBI Investments LLC Invests $315,000 in Columbia India Consumer ETF (NYSEARCA:INCO)

WBI Investments LLC acquired a new position in Columbia India Consumer ETF (NYSEARCA:INCO) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 4,927 shares of the company’s stock, valued at approximately $315,000. WBI Investments LLC owned about 0.12% of Columbia India Consumer ETF at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Raymond James & Associates lifted its position in Columbia India Consumer ETF by 294.5% in the fourth quarter. Raymond James & Associates now owns 70,230 shares of the company’s stock worth $4,128,000 after purchasing an additional 52,427 shares during the period. DHK Financial Advisors Inc. bought a new stake in Columbia India Consumer ETF in the fourth quarter valued at about $3,763,000. Commonwealth Equity Services LLC increased its stake in Columbia India Consumer ETF by 10.4% in the first quarter. Commonwealth Equity Services LLC now owns 32,077 shares of the company’s stock valued at $2,053,000 after acquiring an additional 3,020 shares during the period. Finally, Migdal Insurance & Financial Holdings Ltd. acquired a new position in Columbia India Consumer ETF in the fourth quarter worth about $737,000.

Columbia India Consumer ETF Stock Performance

Shares of INCO stock traded down $0.06 during trading hours on Thursday, hitting $71.47. The company had a trading volume of 79,171 shares, compared to its average volume of 44,906. The firm’s fifty day moving average is $68.14 and its 200 day moving average is $64.03. Columbia India Consumer ETF has a 12 month low of $51.10 and a 12 month high of $71.70. The firm has a market capitalization of $314.47 million, a price-to-earnings ratio of 73.79 and a beta of 0.49.

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.