Orion Portfolio Solutions LLC Sells 7,117 Shares of Invesco India ETF (NYSEARCA:PIN)

Orion Portfolio Solutions LLC lessened its holdings in Invesco India ETF (NYSEARCA:PIN) by 6.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 100,317 shares of the company’s stock after selling 7,117 shares during the period. Orion Portfolio Solutions LLC’s holdings in Invesco India ETF were worth $2,585,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in PIN. Private Wealth Management Group LLC bought a new stake in Invesco India ETF during the 4th quarter worth approximately $29,000. Collier Financial bought a new stake in Invesco India ETF during the fourth quarter worth $73,000. Daymark Wealth Partners LLC raised its position in Invesco India ETF by 8.4% in the 4th quarter. Daymark Wealth Partners LLC now owns 7,800 shares of the company’s stock valued at $201,000 after buying an additional 606 shares during the last quarter. Jones Financial Companies Lllp lifted its stake in Invesco India ETF by 65.2% during the 4th quarter. Jones Financial Companies Lllp now owns 14,138 shares of the company’s stock valued at $364,000 after acquiring an additional 5,579 shares in the last quarter. Finally, HighTower Advisors LLC boosted its holdings in Invesco India ETF by 18.2% during the 4th quarter. HighTower Advisors LLC now owns 17,747 shares of the company’s stock worth $457,000 after acquiring an additional 2,733 shares during the last quarter.

Invesco India ETF Price Performance

NYSEARCA PIN opened at $24.87 on Wednesday. The company has a fifty day moving average price of $24.38 and a 200-day moving average price of $26.98. Invesco India ETF has a 1 year low of $23.07 and a 1 year high of $31.17. The firm has a market cap of $227.31 million, a price-to-earnings ratio of 24.25 and a beta of 0.84.

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.