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

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

Columbia India Consumer ETF Stock Down 0.3%

The stock has a fifty day simple moving average of $60.14 and a 200 day simple moving average of $59.66. The firm has a market capitalization of $236.06 million, a P/E ratio of 39.45 and a beta of 0.44.

Institutional Trading of Columbia India Consumer ETF

Several institutional investors have recently made changes to their positions in the business. Bank of America Corp DE lifted 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 worth $24,525,000 after purchasing an additional 38,464 shares in the last quarter. Osborne Partners Capital Management LLC grew its holdings 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 valued at $14,459,000 after buying an additional 33,678 shares in the last quarter. Jane Street Group LLC raised its position in shares of Columbia India Consumer ETF by 20.4% during the fourth quarter. Jane Street Group LLC now owns 159,436 shares of the company’s stock valued at $10,333,000 after buying an additional 26,981 shares during the last quarter. Haven Private LLC raised its position in shares of Columbia India Consumer ETF by 4.9% during the fourth quarter. Haven Private LLC now owns 41,831 shares of the company’s stock valued at $2,711,000 after buying an additional 1,966 shares during the last quarter. Finally, Quattro Advisors LLC purchased a new position in shares of Columbia India Consumer ETF in the fourth quarter worth $1,646,000.

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.