Raymond James & Associates Makes New $849,000 Investment in Invesco India ETF (NYSEARCA:PIN)

Raymond James & Associates purchased a new position in shares of Invesco India ETF (NYSEARCA:PIN) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 33,158 shares of the company’s stock, valued at approximately $849,000. Raymond James & Associates owned approximately 0.59% of Invesco India ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Commonwealth Equity Services LLC raised its holdings in Invesco India ETF by 10.7% in the third quarter. Commonwealth Equity Services LLC now owns 14,059 shares of the company’s stock valued at $330,000 after buying an additional 1,361 shares during the period. Worth Asset Management LLC lifted its stake in shares of Invesco India ETF by 4.1% in the fourth quarter. Worth Asset Management LLC now owns 51,522 shares of the company’s stock worth $1,319,000 after acquiring an additional 2,037 shares in the last quarter. McAdam LLC lifted its stake in shares of Invesco India ETF by 10.6% in the third quarter. McAdam LLC now owns 146,957 shares of the company’s stock worth $3,451,000 after acquiring an additional 14,065 shares in the last quarter. J.P. Morgan Private Wealth Advisors LLC purchased a new position in Invesco India ETF in the third quarter valued at about $3,922,000. Finally, Stifel Financial Corp acquired a new stake in Invesco India ETF during the 3rd quarter valued at approximately $5,969,000.

Invesco India ETF Stock Up 0.5 %

Shares of PIN opened at $26.84 on Tuesday. The firm has a market cap of $243.17 million, a price-to-earnings ratio of 26.71 and a beta of 0.56. The business’s 50 day moving average is $26.72 and its two-hundred day moving average is $25.42. Invesco India ETF has a 52-week low of $20.90 and a 52-week high of $27.36.

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.