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

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

Columbia India Consumer ETF Stock Up 0.6%

The stock has a market cap of $230.48 million, a P/E ratio of 39.45 and a beta of 0.46. The stock has a fifty day simple moving average of $57.66 and a 200-day simple moving average of $61.61.

Hedge Funds Weigh In On Columbia India Consumer ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Flow Traders U.S. LLC lifted its holdings in shares of Columbia India Consumer ETF by 678.0% during the 3rd quarter. Flow Traders U.S. LLC now owns 35,670 shares of the company’s stock valued at $2,307,000 after purchasing an additional 31,085 shares in the last quarter. Western Wealth Management LLC lifted its holdings in shares of Columbia India Consumer ETF by 10.6% during the 4th quarter. Western Wealth Management LLC now owns 4,636 shares of the company’s stock valued at $300,000 after purchasing an additional 446 shares in the last quarter. Aubrey Capital Management Ltd lifted its holdings in shares of Columbia India Consumer ETF by 41.8% during the 4th quarter. Aubrey Capital Management Ltd now owns 16,955 shares of the company’s stock valued at $1,099,000 after purchasing an additional 5,000 shares in the last quarter. Sigma Planning Corp lifted its holdings in shares of Columbia India Consumer ETF by 7.2% during the 4th quarter. Sigma Planning Corp now owns 5,308 shares of the company’s stock valued at $344,000 after purchasing an additional 356 shares in the last quarter. Finally, Clear Creek Financial Management LLC lifted its holdings in shares of Columbia India Consumer ETF by 1.8% during the 4th quarter. Clear Creek Financial Management LLC now owns 13,447 shares of the company’s stock valued at $872,000 after purchasing an additional 234 shares in 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.