Invesco Ltd. Decreases Holdings in Invesco India ETF $PIN

Invesco Ltd. trimmed its holdings in shares of Invesco India ETF (NYSEARCA:PIN) by 19.8% in the first quarter, Holdings Channel reports. The institutional investor owned 17,803 shares of the company’s stock after selling 4,400 shares during the period. Invesco Ltd.’s holdings in Invesco India ETF were worth $445,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Centaurus Financial Inc. lifted its holdings in Invesco India ETF by 22.5% during the 4th quarter. Centaurus Financial Inc. now owns 6,325 shares of the company’s stock worth $163,000 after buying an additional 1,162 shares during the last quarter. Mpwm Advisory Solutions LLC acquired a new stake in shares of Invesco India ETF in the 4th quarter valued at about $184,000. Wealth Enhancement Advisory Services LLC boosted its position in shares of Invesco India ETF by 11.0% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 10,337 shares of the company’s stock valued at $266,000 after purchasing an additional 1,023 shares during the period. Cambridge Investment Research Advisors Inc. boosted its position in shares of Invesco India ETF by 13.8% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 11,552 shares of the company’s stock valued at $289,000 after purchasing an additional 1,400 shares during the period. Finally, Yoffe Investment Management LLC acquired a new stake in shares of Invesco India ETF in the 4th quarter valued at about $423,000. 40.83% of the stock is owned by hedge funds and other institutional investors.

Invesco India ETF Stock Down 0.4%

Shares of NYSEARCA PIN opened at $25.35 on Friday. The stock has a market cap of $215.22 million, a PE ratio of 26.32 and a beta of 0.71. Invesco India ETF has a 52-week low of $23.07 and a 52-week high of $31.17. The business has a 50-day moving average price of $26.01 and a 200 day moving average price of $25.59.

Invesco India ETF Profile

PowerShares India Portfolio (the Fund) is based on the Indus India Index (Index). The Fund seeks to achieve its investment objective by investing substantially all of its assets in a wholly-owned subsidiary located in the Republic of Mauritius (the Subsidiary), which in turn invests at least 90% of its total assets in securities of Indian companies that consists of the Index, as well as American depositary receipts(ADR) and global depositary receipts (GDR) based on the securities in the Index.