Invesco India ETF (NYSEARCA:PIN) Shares Sold by Comerica Bank

Comerica Bank trimmed its holdings in Invesco India ETF (NYSEARCA:PIN) by 32.7% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 1,027 shares of the company’s stock after selling 500 shares during the period. Comerica Bank’s holdings in Invesco India ETF were worth $26,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in PIN. JPMorgan Chase & Co. lifted its holdings in shares of Invesco India ETF by 180,484.0% in the 4th quarter. JPMorgan Chase & Co. now owns 361,168 shares of the company’s stock worth $9,307,000 after acquiring an additional 360,968 shares during the last quarter. MML Investors Services LLC purchased a new stake in Invesco India ETF in the fourth quarter valued at approximately $7,899,000. LPL Financial LLC lifted its stake in Invesco India ETF by 1.8% during the fourth quarter. LPL Financial LLC now owns 226,493 shares of the company’s stock worth $5,837,000 after purchasing an additional 4,044 shares in the last quarter. McAdam LLC boosted its position in shares of Invesco India ETF by 23.8% during the fourth quarter. McAdam LLC now owns 213,362 shares of the company’s stock worth $5,498,000 after buying an additional 40,954 shares during the period. Finally, Arvest Investments Inc. boosted its position in shares of Invesco India ETF by 4.5% during the fourth quarter. Arvest Investments Inc. now owns 120,451 shares of the company’s stock worth $3,104,000 after buying an additional 5,138 shares during the period.

Invesco India ETF Trading Up 0.2%

PIN stock opened at $26.68 on Tuesday. The business’s fifty day moving average price is $25.22 and its 200 day moving average price is $25.87. Invesco India ETF has a 12-month low of $23.07 and a 12-month high of $31.17. The company has a market capitalization of $233.72 million, a PE ratio of 23.46 and a beta of 0.58.

About Invesco India ETF

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.