McAdam LLC lessened its stake in Invesco India ETF (NYSEARCA:PIN – Get Rating) by 10.1% in the 4th quarter, HoldingsChannel.com reports. The fund owned 90,178 shares of the company's stock after selling 10,184 shares during the period. McAdam LLC's holdings in Invesco India ETF were worth $2,412,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently made changes to their positions in the company. Worth Asset Management LLC purchased a new stake in shares of Invesco India ETF in the 3rd quarter valued at about $1,930,000. Checchi Capital Advisers LLC increased its holdings in shares of Invesco India ETF by 27.3% in the 3rd quarter. Checchi Capital Advisers LLC now owns 40,223 shares of the company's stock valued at $947,000 after acquiring an additional 8,634 shares during the period. Sepio Capital LP increased its holdings in shares of Invesco India ETF by 0.9% in the 3rd quarter. Sepio Capital LP now owns 172,896 shares of the company's stock valued at $4,070,000 after acquiring an additional 1,476 shares during the period. Cambridge Investment Research Advisors Inc. purchased a new stake in Invesco India ETF in the 3rd quarter valued at $306,000. Finally, Wells Fargo & Company MN boosted its stake in Invesco India ETF by 0.9% during the 2nd quarter. Wells Fargo & Company MN now owns 109,656 shares of the company's stock worth $2,490,000 after purchasing an additional 1,001 shares during the period.

Invesco India ETF Stock Performance

NYSEARCA PIN traded up $0.11 during trading on Friday, reaching $20.96. The company's stock had a trading volume of 4,207 shares, compared to its average volume of 20,593. The business's fifty day moving average price is $20.77 and its 200-day moving average price is $22.61. Invesco India ETF has a twelve month low of $19.95 and a twelve month high of $26.66. The firm has a market cap of $89.71 million, a price-to-earnings ratio of 20.29 and a beta of 0.73.

About Invesco India ETF

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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.

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Want to see what other hedge funds are holding PIN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco India ETF (NYSEARCA:PIN – Get Rating).

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