Columbia India Consumer ETF (NYSEARCA:INCO) Shares Down 0.8% – What’s Next?

Columbia India Consumer ETF (NYSEARCA:INCO)’s stock price was down 0.8% during mid-day trading on Tuesday . The stock traded as low as $56.55 and last traded at $56.71. Approximately 73,637 shares traded hands during mid-day trading, an increase of 42% from the average daily volume of 51,928 shares. The stock had previously closed at $57.19.

Columbia India Consumer ETF Stock Down 0.8%

The stock has a market cap of $226.84 million, a price-to-earnings ratio of 39.45 and a beta of 0.46. The company’s 50-day moving average is $57.76 and its 200-day moving average is $61.72.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Bank of America Corp DE grew its stake in Columbia India Consumer ETF by 9.4% during the first quarter. Bank of America Corp DE now owns 446,160 shares of the company’s stock worth $24,525,000 after buying an additional 38,464 shares during the last quarter. Osborne Partners Capital Management LLC grew its stake in Columbia India Consumer ETF by 14.7% during the first quarter. Osborne Partners Capital Management LLC now owns 263,029 shares of the company’s stock worth $14,459,000 after buying an additional 33,678 shares during the last quarter. Jane Street Group LLC grew its stake in 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 worth $10,333,000 after buying an additional 26,981 shares during the last quarter. tru Independence LLC grew its stake in Columbia India Consumer ETF by 12.7% during the fourth quarter. tru Independence LLC now owns 70,265 shares of the company’s stock worth $4,554,000 after buying an additional 7,900 shares during the last quarter. Finally, Haven Private LLC grew its stake in Columbia India Consumer ETF by 4.9% during the fourth quarter. Haven Private LLC now owns 41,831 shares of the company’s stock worth $2,711,000 after buying an additional 1,966 shares during the last quarter.

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.