Invesco India ETF (NYSEARCA:PIN) Shares Purchased by HighTower Advisors LLC

HighTower Advisors LLC raised its position in Invesco India ETF (NYSEARCA:PIN) by 19.6% during the third quarter, according to its most recent filing with the SEC. The institutional investor owned 15,014 shares of the company’s stock after purchasing an additional 2,460 shares during the period. HighTower Advisors LLC owned 0.17% of Invesco India ETF worth $465,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of PIN. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Invesco India ETF by 20.3% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,206 shares of the company’s stock worth $64,000 after acquiring an additional 372 shares during the period. Daymark Wealth Partners LLC purchased a new position in Invesco India ETF during the second quarter worth about $210,000. Wealth Enhancement Advisory Services LLC boosted its holdings in Invesco India ETF by 7.3% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 9,314 shares of the company’s stock valued at $286,000 after purchasing an additional 635 shares during the last quarter. Arizona PSPRS Trust purchased a new stake in shares of Invesco India ETF in the 3rd quarter valued at approximately $458,000. Finally, Commonwealth Equity Services LLC grew its stake in shares of Invesco India ETF by 2.3% in the 2nd quarter. Commonwealth Equity Services LLC now owns 17,119 shares of the company’s stock valued at $500,000 after buying an additional 386 shares during the period.

Invesco India ETF Stock Performance

PIN stock opened at $28.36 on Friday. Invesco India ETF has a one year low of $24.92 and a one year high of $31.17. The firm has a market cap of $245.03 million, a PE ratio of 26.92 and a beta of 0.55. The firm’s 50 day moving average price is $28.85 and its 200-day moving average price is $29.37.

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.