HighTower Advisors LLC Raises Holdings in Invesco India ETF (NYSEARCA:PIN)

HighTower Advisors LLC lifted its position in shares of Invesco India ETF (NYSEARCA:PIN) by 19.6% during the 3rd quarter, Holdings Channel.com reports. The fund owned 15,014 shares of the company’s stock after buying an additional 2,460 shares during the period. HighTower Advisors LLC’s holdings in Invesco India ETF were worth $465,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Commonwealth Equity Services LLC grew its stake in Invesco India ETF by 2.3% in the 2nd quarter. Commonwealth Equity Services LLC now owns 17,119 shares of the company’s stock valued at $500,000 after acquiring an additional 386 shares during the last quarter. Sei Investments Co. lifted its holdings in shares of Invesco India ETF by 2.1% in the second quarter. Sei Investments Co. now owns 70,960 shares of the company’s stock valued at $2,074,000 after purchasing an additional 1,475 shares in the last quarter. Daymark Wealth Partners LLC purchased a new stake in shares of Invesco India ETF in the second quarter valued at about $210,000. Northwestern Mutual Wealth Management Co. grew its position in shares of Invesco India ETF by 20.3% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,206 shares of the company’s stock valued at $64,000 after purchasing an additional 372 shares during the last quarter. Finally, Cetera Investment Advisers increased its stake in shares of Invesco India ETF by 4.6% during the 2nd quarter. Cetera Investment Advisers now owns 36,896 shares of the company’s stock worth $1,078,000 after purchasing an additional 1,636 shares in the last quarter.

Invesco India ETF Stock Performance

Shares of NYSEARCA:PIN opened at $28.36 on Friday. Invesco India ETF has a one year low of $24.92 and a one year high of $31.17. The stock has a market cap of $245.03 million, a PE ratio of 26.92 and a beta of 0.55. The business’s fifty day moving average price is $28.85 and its two-hundred day moving average price is $29.37.

Invesco India ETF Company 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.