Columbia India Consumer ETF (NYSEARCA:INCO) Shares Purchased by Bank of America Corp DE

Bank of America Corp DE raised its position in shares of Columbia India Consumer ETF (NYSEARCA:INCO) by 16.5% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 161,258 shares of the company’s stock after purchasing an additional 22,821 shares during the period. Bank of America Corp DE owned 3.66% of Columbia India Consumer ETF worth $10,390,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Graney & King LLC acquired a new position in Columbia India Consumer ETF during the 4th quarter valued at about $31,000. Flagship Wealth Advisors LLC acquired a new stake in shares of Columbia India Consumer ETF in the 4th quarter worth approximately $77,000. GPS Wealth Strategies Group LLC lifted its stake 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 acquiring an additional 1,466 shares during the period. Sovran Advisors LLC acquired a new stake in shares of Columbia India Consumer ETF in the 4th quarter worth approximately $230,000. Finally, Archford Capital Strategies LLC acquired a new stake in shares of Columbia India Consumer ETF in the 4th quarter worth approximately $251,000.

Columbia India Consumer ETF Trading Up 1.5%

Shares of NYSEARCA:INCO opened at $64.57 on Friday. The company has a 50 day moving average of $62.02 and a 200-day moving average of $62.81. The firm has a market cap of $319.62 million, a P/E ratio of 34.34 and a beta of 0.50. Columbia India Consumer ETF has a twelve month low of $55.42 and a twelve month high of $78.34.

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.