Columbia India Consumer ETF (NYSEARCA:INCO) Shares Up 2.1% – Still a Buy?

Columbia India Consumer ETF (NYSEARCA:INCO)’s share price was up 2.1% during trading on Monday . The company traded as high as $60.88 and last traded at $60.58. Approximately 95,023 shares were traded during mid-day trading, an increase of 103% from the average session volume of 46,734 shares. The stock had previously closed at $59.36.

Columbia India Consumer ETF Price Performance

The firm has a market cap of $230.20 million, a price-to-earnings ratio of 39.45 and a beta of 0.44. The firm has a fifty day simple moving average of $58.78 and a two-hundred day simple moving average of $59.73.

Institutional Trading of Columbia India Consumer ETF

Institutional investors have recently bought and sold shares of the stock. Royal Bank of Canada grew its position in Columbia India Consumer ETF by 8.0% during the 4th quarter. Royal Bank of Canada now owns 2,458 shares of the company’s stock worth $159,000 after purchasing an additional 182 shares during the period. Ameriprise Financial Inc. lifted its holdings in shares of Columbia India Consumer ETF by 1.9% in the 3rd quarter. Ameriprise Financial Inc. now owns 12,184 shares of the company’s stock valued at $788,000 after buying an additional 225 shares during the period. Clear Creek Financial Management LLC boosted its stake in shares of Columbia India Consumer ETF by 1.8% in the fourth quarter. Clear Creek Financial Management LLC now owns 13,447 shares of the company’s stock worth $872,000 after buying an additional 234 shares during the last quarter. Kraematon Investment Advisors Inc. boosted its stake in shares of Columbia India Consumer ETF by 0.8% in the fourth quarter. Kraematon Investment Advisors Inc. now owns 33,119 shares of the company’s stock worth $2,146,000 after buying an additional 253 shares during the last quarter. Finally, Parallel Advisors LLC grew its holdings in Columbia India Consumer ETF by 12.6% during the first quarter. Parallel Advisors LLC now owns 2,415 shares of the company’s stock worth $133,000 after acquiring an additional 270 shares during the period.

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.