WealthCare Investment Partners LLC Acquires 8,532 Shares of Columbia India Consumer ETF (NYSEARCA:INCO)

WealthCare Investment Partners LLC boosted its holdings in shares of Columbia India Consumer ETF (NYSEARCA:INCO) by 22.2% in the fourth quarter, Holdings Channel reports. The firm owned 47,028 shares of the company’s stock after purchasing an additional 8,532 shares during the quarter. Columbia India Consumer ETF comprises about 1.4% of WealthCare Investment Partners LLC’s portfolio, making the stock its 20th biggest holding. WealthCare Investment Partners LLC’s holdings in Columbia India Consumer ETF were worth $3,107,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in INCO. Valley National Advisers Inc. lifted its stake in Columbia India Consumer ETF by 78.0% during the third quarter. Valley National Advisers Inc. now owns 1,018 shares of the company’s stock worth $78,000 after purchasing an additional 446 shares during the period. GPS Wealth Strategies Group LLC lifted its stake in Columbia India Consumer ETF by 103.7% during the fourth 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. Atria Investments Inc bought a new position in Columbia India Consumer ETF during the third quarter worth about $214,000. PFG Investments LLC bought a new position in shares of Columbia India Consumer ETF in the third quarter valued at approximately $222,000. Finally, Sovran Advisors LLC bought a new position in shares of Columbia India Consumer ETF in the fourth quarter valued at approximately $230,000.

Columbia India Consumer ETF Trading Up 0.2 %

NYSEARCA:INCO opened at $58.86 on Thursday. Columbia India Consumer ETF has a 1 year low of $58.69 and a 1 year high of $78.34. The firm has a 50 day moving average of $63.07 and a 200-day moving average of $68.89. The stock has a market capitalization of $258.98 million, a P/E ratio of 73.79 and a beta of 0.49.

Columbia India Consumer ETF 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.