Tue Sep 17 07:11:06 UTC 2024: ## Invesco India ETF (PIN) Sees Slight Uptick in Trading

**New York, NY (September 17, 2024):** Shares of Invesco India ETF (PIN) closed at $30.41 on Monday, representing a 0.3% increase from the previous day’s closing price. The stock traded as high as $30.51 during the session, with approximately 20,439 shares changing hands, a significant decrease from the average daily volume of 58,634 shares.

The ETF’s 50-day simple moving average sits at $29.74, while the 200-day simple moving average is $28.31. The stock has a market cap of $262.78 million, a price-to-earnings ratio of 26.92, and a beta of 0.55.

Institutional investors have been active in the Invesco India ETF, with several making adjustments to their positions in recent quarters. Notably, Sei Investments Co. increased its holdings in the ETF by 28.3% during the first quarter, while Orion Portfolio Solutions LLC raised its stake by 45.3% in the fourth quarter. Krilogy Financial LLC and Centaurus Financial Inc. both established new positions in the ETF during the first and fourth quarters, respectively. Tradition Wealth Management LLC also saw a significant increase in its holdings, boosting its stake by 247.3% in the fourth quarter.

The PowerShares India Portfolio, which the Invesco India ETF is based on, seeks to invest primarily in securities of Indian companies that comprise the Indus India Index. This includes both American Depository Receipts (ADRs) and Global Depository Receipts (GDRs).

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**Disclaimer:** This news article is for informational purposes only and does not constitute investment advice.

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