Invesco India ETF (PIN)
ETF analysis · AMEX · Financial Services · Asset Management
Invesco India ETF (PIN) is an exchange-traded fund in the Financial Services sector. Latest price: $23.98. Market cap $177.52M. Sign in to Stocks360 for full DCF valuation, fundamentals, technicals, and AI-driven analysis.
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About Invesco India ETF
The Invesco India Exchange Traded Fund (ETF) is designed to track the FTSE India Quality And Yield Select Index. The Fund typically allocates at least 90% of its total capital to the constituent securities of this Index, which includes both direct holdings and related American and global depositary receipts. The benchmark Index itself is built through a specific methodology: it starts by assessing all eligible securities in the broader FTSE India Index. From this initial universe, the bottom 10% of securities, identified by their trailing 12-month dividend yield, are filtered out. Subsequently, among the remaining pool of securities, an additional 10% are excluded based on their inferior quality scores. Both the Fund's portfolio and the Index undergo rebalancing and reconstitution on a semi-annual basis.
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