Oppenheimer & Co. Inc. bought a new stake in First Trust India NIFTY 50 Equal Weight ETF (NASDAQ:NFTY – Free Report) during the 3rd quarter, Holdings Channel.com reports. The fund bought 14,190 shares of the company’s stock, valued at approximately $920,000.
A number of other large investors have also added to or reduced their stakes in the company. Ameritas Investment Partners Inc. acquired a new position in shares of First Trust India NIFTY 50 Equal Weight ETF during the first quarter worth $483,000. Clarus Wealth Advisors raised its stake in First Trust India NIFTY 50 Equal Weight ETF by 3.1% in the second quarter. Clarus Wealth Advisors now owns 6,517 shares of the company’s stock valued at $399,000 after buying an additional 196 shares during the last quarter. Great Valley Advisor Group Inc. boosted its holdings in First Trust India NIFTY 50 Equal Weight ETF by 2.0% in the second quarter. Great Valley Advisor Group Inc. now owns 157,967 shares of the company’s stock worth $9,522,000 after acquiring an additional 3,108 shares in the last quarter. Milestone Asset Management LLC purchased a new stake in shares of First Trust India NIFTY 50 Equal Weight ETF during the second quarter worth about $450,000. Finally, Marmo Financial Group LLC increased its holdings in shares of First Trust India NIFTY 50 Equal Weight ETF by 20.8% during the second quarter. Marmo Financial Group LLC now owns 104,664 shares of the company’s stock valued at $6,309,000 after acquiring an additional 17,994 shares in the last quarter.
First Trust India NIFTY 50 Equal Weight ETF Stock Up 0.3 %
NFTY stock opened at $58.16 on Wednesday. The stock has a market capitalization of $273.35 million, a PE ratio of 24.18 and a beta of 0.72. First Trust India NIFTY 50 Equal Weight ETF has a 52 week low of $49.26 and a 52 week high of $65.90. The firm has a 50 day moving average of $61.94 and a 200 day moving average of $60.90.
First Trust India NIFTY 50 Equal Weight ETF Company Profile
The First Trust India NIFTY 50 Equal Weight ETF (NFTY) is an exchange-traded fund that is based on the NIFTY 50 Equal Weight index. The fund tracks an equally weighted index of the 50 largest and most liquid Indian equity securities. NFTY was launched on Feb 14, 2012 and is managed by First Trust.
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Want to see what other hedge funds are holding NFTY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust India NIFTY 50 Equal Weight ETF (NASDAQ:NFTY – Free Report).
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