Jennison Associates LLC Invests $7.47 Million in Columbia India Consumer ETF (NYSEARCA:INCO)

Jennison Associates LLC acquired a new stake in Columbia India Consumer ETF (NYSEARCA:INCO) during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 97,057 shares of the company’s stock, valued at approximately $7,469,000. Jennison Associates LLC owned about 2.21% of Columbia India Consumer ETF at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Private Advisor Group LLC lifted its holdings in shares of Columbia India Consumer ETF by 15.8% in the third quarter. Private Advisor Group LLC now owns 3,329 shares of the company’s stock worth $256,000 after acquiring an additional 455 shares during the last quarter. Jane Street Group LLC boosted its position in Columbia India Consumer ETF by 3,803.0% in the first quarter. Jane Street Group LLC now owns 185,510 shares of the company’s stock valued at $11,874,000 after buying an additional 180,757 shares in the last quarter. Commonwealth Equity Services LLC grew its stake in shares of Columbia India Consumer ETF by 8.5% during the second quarter. Commonwealth Equity Services LLC now owns 34,792 shares of the company’s stock worth $2,432,000 after buying an additional 2,715 shares during the last quarter. Raymond James & Associates increased its holdings in shares of Columbia India Consumer ETF by 8.8% during the second quarter. Raymond James & Associates now owns 43,610 shares of the company’s stock worth $3,049,000 after buying an additional 3,538 shares in the last quarter. Finally, Marshall Wace LLP bought a new position in shares of Columbia India Consumer ETF in the 2nd quarter valued at $229,000.

Columbia India Consumer ETF Stock Up 1.5 %

Shares of INCO stock opened at $67.92 on Friday. Columbia India Consumer ETF has a twelve month low of $56.05 and a twelve month high of $78.34. The stock’s fifty day simple moving average is $72.20 and its 200 day simple moving average is $71.13. The firm has a market capitalization of $298.85 million, a P/E ratio of 73.79 and a beta of 0.49.

Columbia India Consumer ETF Company Profile

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.