Private Client Services LLC Makes New Investment in First Trust India NIFTY 50 Equal Weight ETF $NFTY

Private Client Services LLC bought a new position in First Trust India NIFTY 50 Equal Weight ETF (NASDAQ:NFTY) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 25,770 shares of the company’s stock, valued at approximately $1,314,000. Private Client Services LLC owned 1.32% of First Trust India NIFTY 50 Equal Weight ETF at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Crumly & Associates Inc. boosted its holdings in shares of First Trust India NIFTY 50 Equal Weight ETF by 4.0% during the second quarter. Crumly & Associates Inc. now owns 293,242 shares of the company’s stock valued at $15,775,000 after acquiring an additional 11,233 shares during the period. Merkkuri Wealth Advisors LLC increased its holdings in shares of First Trust India NIFTY 50 Equal Weight ETF by 2.6% in the 1st quarter. Merkkuri Wealth Advisors LLC now owns 35,391 shares of the company’s stock worth $1,823,000 after acquiring an additional 896 shares during the period. Pine Valley Investments Ltd Liability Co lifted its position in First Trust India NIFTY 50 Equal Weight ETF by 4.4% in the 1st quarter. Pine Valley Investments Ltd Liability Co now owns 20,053 shares of the company’s stock valued at $1,033,000 after purchasing an additional 850 shares during the last quarter. Gateway Wealth Partners LLC lifted its position in First Trust India NIFTY 50 Equal Weight ETF by 111.4% in the 1st quarter. Gateway Wealth Partners LLC now owns 8,576 shares of the company’s stock valued at $442,000 after purchasing an additional 4,519 shares during the last quarter. Finally, Rockefeller Capital Management L.P. boosted its stake in First Trust India NIFTY 50 Equal Weight ETF by 450.9% during the 4th quarter. Rockefeller Capital Management L.P. now owns 920 shares of the company’s stock valued at $54,000 after purchasing an additional 753 shares during the period.

First Trust India NIFTY 50 Equal Weight ETF Stock Up 0.3%

NASDAQ NFTY traded up $0.17 on Friday, hitting $50.72. The stock had a trading volume of 2,050 shares, compared to its average volume of 29,670. First Trust India NIFTY 50 Equal Weight ETF has a one year low of $49.62 and a one year high of $60.70. The stock has a market cap of $98.90 million, a price-to-earnings ratio of 24.33 and a beta of 0.44. The company’s 50-day moving average is $53.66 and its two-hundred day moving average is $53.37.

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.