Stifel Financial Corp Raises Stake in Invesco India ETF (PIN)

Stifel Financial Corp lifted its stake in shares of Invesco India ETF (NYSEARCA:PIN) by 54.4% in the 4th quarter, HoldingsChannel reports. The fund owned 13,852 shares of the company’s stock after acquiring an additional 4,882 shares during the quarter. Stifel Financial Corp’s holdings in Invesco India ETF were worth $332,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Rehmann Capital Advisory Group grew its position in Invesco India ETF by 2,523.0% in the third quarter. Rehmann Capital Advisory Group now owns 65,575 shares of the company’s stock valued at $2,738,000 after purchasing an additional 63,075 shares in the last quarter. First Republic Investment Management Inc. bought a new position in Invesco India ETF in the third quarter valued at $450,000. Verition Fund Management LLC bought a new position in Invesco India ETF in the third quarter valued at $308,000. Karp Capital Management Corp bought a new position in Invesco India ETF in the fourth quarter valued at $27,000. Finally, Checchi Capital Advisers LLC grew its position in Invesco India ETF by 8.9% in the fourth quarter. Checchi Capital Advisers LLC now owns 36,684 shares of the company’s stock valued at $887,000 after purchasing an additional 2,995 shares in the last quarter.

Invesco India ETF stock opened at $25.50 on Wednesday. Invesco India ETF has a 1-year low of $21.36 and a 1-year high of $26.75.

The firm also recently announced a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Tuesday, March 19th were given a $0.0448 dividend. This represents a $0.18 dividend on an annualized basis and a yield of 0.70%. The ex-dividend date of this dividend was Monday, March 18th.

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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.

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Want to see what other hedge funds are holding PIN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco India ETF (NYSEARCA:PIN).

Institutional Ownership by Quarter for Invesco India ETF (NYSEARCA:PIN)

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