Columbia India Consumer ETF (NYSEARCA:INCO) Stock Price Down 0.1%

Columbia India Consumer ETF (NYSEARCA:INCO)’s share price was down 0.1% during trading on Thursday . The company traded as low as $65.42 and last traded at $65.51. Approximately 48,307 shares traded hands during trading, an increase of 20% from the average daily volume of 40,101 shares. The stock had previously closed at $65.60.

Columbia India Consumer ETF Price Performance

The stock’s 50 day moving average is $63.83 and its two-hundred day moving average is $60.18. The stock has a market capitalization of $288.24 million, a PE ratio of 73.79 and a beta of 0.49.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. WBI Investments LLC acquired a new stake in shares of Columbia India Consumer ETF in the 1st quarter valued at $315,000. Commonwealth Equity Services LLC raised its position in shares of Columbia India Consumer ETF by 10.4% during the 1st quarter. Commonwealth Equity Services LLC now owns 32,077 shares of the company’s stock worth $2,053,000 after acquiring an additional 3,020 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. purchased a new stake in Columbia India Consumer ETF during the fourth quarter worth approximately $737,000. DHK Financial Advisors Inc. acquired a new position in Columbia India Consumer ETF in the fourth quarter valued at approximately $3,763,000. Finally, Raymond James & Associates increased its stake 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 valued at $4,128,000 after purchasing an additional 52,427 shares during 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.