Raymond James Financial Inc. Makes New Investment in Columbia India Consumer ETF (NYSEARCA:INCO)

Raymond James Financial Inc. purchased a new position in Columbia India Consumer ETF (NYSEARCA:INCO) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 45,288 shares of the company’s stock, valued at approximately $2,918,000. Raymond James Financial Inc. owned 1.03% of Columbia India Consumer ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Graney & King LLC acquired a new position in shares of Columbia India Consumer ETF in the 4th quarter worth approximately $31,000. Private Advisor Group LLC lifted its position in shares of Columbia India Consumer ETF by 33.4% in the 4th quarter. Private Advisor Group LLC now owns 4,440 shares of the company’s stock worth $286,000 after purchasing an additional 1,111 shares during the period. Flagship Wealth Advisors LLC acquired a new position in shares of Columbia India Consumer ETF in the 4th quarter worth approximately $77,000. GPS Wealth Strategies Group LLC lifted its position in shares of Columbia India Consumer ETF by 103.7% in the 4th quarter. GPS Wealth Strategies Group LLC now owns 2,880 shares of the company’s stock worth $186,000 after purchasing an additional 1,466 shares during the period. Finally, Atria Investments Inc lifted its position in shares of Columbia India Consumer ETF by 62.9% in the 4th quarter. Atria Investments Inc now owns 4,520 shares of the company’s stock worth $291,000 after purchasing an additional 1,745 shares during the period.

Columbia India Consumer ETF Stock Performance

Shares of NYSEARCA INCO opened at $63.58 on Tuesday. The company has a market capitalization of $327.44 million, a P/E ratio of 31.21 and a beta of 0.54. Columbia India Consumer ETF has a 52-week low of $55.42 and a 52-week high of $78.34. The company’s 50 day moving average price is $59.43 and its 200-day moving average price is $63.60.

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.