Commonwealth Equity Services LLC Reduces Position in Columbia India Consumer ETF $INCO

Commonwealth Equity Services LLC decreased its position in Columbia India Consumer ETF (NYSEARCA:INCO) by 14.0% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 78,583 shares of the company’s stock after selling 12,806 shares during the period. Commonwealth Equity Services LLC owned approximately 1.75% of Columbia India Consumer ETF worth $5,082,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Geneos Wealth Management Inc. increased its holdings in shares of Columbia India Consumer ETF by 200.0% in the first quarter. Geneos Wealth Management Inc. now owns 900 shares of the company’s stock valued at $54,000 after purchasing an additional 600 shares during the period. Northwestern Mutual Wealth Management Co. boosted its position in Columbia India Consumer ETF by 366.7% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,218 shares of the company’s stock valued at $79,000 after buying an additional 957 shares during the last quarter. Ignite Planners LLC acquired a new position in Columbia India Consumer ETF in the 2nd quarter worth approximately $208,000. Archford Capital Strategies LLC raised its position in Columbia India Consumer ETF by 6.9% during the 3rd quarter. Archford Capital Strategies LLC now owns 3,397 shares of the company’s stock worth $220,000 after buying an additional 218 shares during the last quarter. Finally, Lyell Wealth Management LP acquired a new stake in Columbia India Consumer ETF during the 2nd quarter valued at approximately $293,000.

Columbia India Consumer ETF Price Performance

INCO stock opened at $63.76 on Friday. The company has a market capitalization of $274.17 million, a P/E ratio of 39.45 and a beta of 0.42. Columbia India Consumer ETF has a 12 month low of $55.42 and a 12 month high of $68.02. The firm’s fifty day simple moving average is $64.46 and its 200-day simple moving average is $64.92.

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.