Invesco India ETF (NYSEARCA:PIN) Shares Acquired by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. increased its holdings in shares of Invesco India ETF (NYSEARCA:PIN) by 20.3% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,206 shares of the company’s stock after buying an additional 372 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Invesco India ETF were worth $64,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in PIN. Centaurus Financial Inc. acquired a new stake in Invesco India ETF in the fourth quarter worth about $124,000. Daymark Wealth Partners LLC purchased a new stake in Invesco India ETF during the 2nd quarter worth approximately $210,000. Contravisory Investment Management Inc. acquired a new position in Invesco India ETF during the 2nd quarter valued at approximately $436,000. Commonwealth Equity Services LLC raised its holdings in shares of Invesco India ETF by 2.3% in the second quarter. Commonwealth Equity Services LLC now owns 17,119 shares of the company’s stock worth $500,000 after buying an additional 386 shares during the last quarter. Finally, Krilogy Financial LLC lifted its stake in shares of Invesco India ETF by 4.5% during the second quarter. Krilogy Financial LLC now owns 25,994 shares of the company’s stock worth $760,000 after buying an additional 1,129 shares during the period.

Invesco India ETF Price Performance

NYSEARCA PIN opened at $29.91 on Friday. The company has a market cap of $258.42 million, a price-to-earnings ratio of 26.92 and a beta of 0.55. The stock’s fifty day moving average price is $29.99 and its 200 day moving average price is $28.78. Invesco India ETF has a 1 year low of $22.52 and a 1 year high of $31.17.

Invesco India ETF Profile

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.