Envestnet Asset Management Inc. Cuts Stock Position in Columbia India Consumer ETF $INCO

Envestnet Asset Management Inc. cut its position in shares of Columbia India Consumer ETF (NYSEARCA:INCO) by 49.3% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,359 shares of the company’s stock after selling 6,174 shares during the quarter. Envestnet Asset Management Inc. owned approximately 0.13% of Columbia India Consumer ETF worth $413,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Jane Street Group LLC boosted its stake in Columbia India Consumer ETF by 236.6% in the first quarter. Jane Street Group LLC now owns 296,679 shares of the company’s stock worth $17,661,000 after buying an additional 208,541 shares in the last quarter. OLD Mission Capital LLC raised its stake in shares of Columbia India Consumer ETF by 43.6% during the first quarter. OLD Mission Capital LLC now owns 131,144 shares of the company’s stock worth $7,807,000 after acquiring an additional 39,790 shares in the last quarter. Cetera Investment Advisers lifted its holdings in shares of Columbia India Consumer ETF by 3.8% in the 1st quarter. Cetera Investment Advisers now owns 32,655 shares of the company’s stock worth $1,944,000 after acquiring an additional 1,181 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. purchased a new stake in shares of Columbia India Consumer ETF in the 2nd quarter valued at $1,920,000. Finally, Atria Wealth Solutions Inc. boosted its stake in shares of Columbia India Consumer ETF by 284.5% in the 1st quarter. Atria Wealth Solutions Inc. now owns 28,223 shares of the company’s stock valued at $1,680,000 after purchasing an additional 20,883 shares in the last quarter.

Columbia India Consumer ETF Stock Performance

INCO stock opened at $65.17 on Thursday. The firm has a market cap of $293.27 million, a P/E ratio of 39.45 and a beta of 0.42. The firm’s fifty day moving average is $65.54 and its 200 day moving average is $64.94. Columbia India Consumer ETF has a 52 week low of $55.42 and a 52 week high of $69.16.

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.