Invesco India ETF $PIN Shares Sold by Checchi Capital Advisers LLC

Checchi Capital Advisers LLC decreased its position in Invesco India ETF (NYSEARCA:PIN) by 19.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,904 shares of the company’s stock after selling 3,972 shares during the period. Checchi Capital Advisers LLC owned 0.19% of Invesco India ETF worth $456,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Cetera Investment Advisers lifted its holdings in Invesco India ETF by 43.5% in the first quarter. Cetera Investment Advisers now owns 54,842 shares of the company’s stock valued at $1,372,000 after acquiring an additional 16,635 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its position in Invesco India ETF by 11.0% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 10,337 shares of the company’s stock valued at $266,000 after purchasing an additional 1,023 shares during the period. HighTower Advisors LLC raised its position in Invesco India ETF by 7.4% in the first quarter. HighTower Advisors LLC now owns 19,061 shares of the company’s stock valued at $477,000 after purchasing an additional 1,314 shares during the period. Weatherly Asset Management L. P. lifted its stake in shares of Invesco India ETF by 16.4% in the 2nd quarter. Weatherly Asset Management L. P. now owns 24,886 shares of the company’s stock valued at $671,000 after purchasing an additional 3,510 shares during the last quarter. Finally, OLD Mission Capital LLC grew its holdings in shares of Invesco India ETF by 409.0% during the 1st quarter. OLD Mission Capital LLC now owns 191,228 shares of the company’s stock worth $4,783,000 after purchasing an additional 153,662 shares during the period. Institutional investors and hedge funds own 40.83% of the company’s stock.

Invesco India ETF Trading Up 0.7%

Shares of NYSEARCA:PIN opened at $25.45 on Tuesday. The company has a market capitalization of $210.22 million, a price-to-earnings ratio of 26.32 and a beta of 0.71. Invesco India ETF has a 12-month low of $23.07 and a 12-month high of $30.20. The business has a 50-day moving average price of $25.54 and a 200 day moving average price of $25.86.

About Invesco India ETF

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.