Oppenheimer & Co. Inc. Takes $920,000 Position in First Trust India NIFTY 50 Equal Weight ETF (NASDAQ:NFTY)

Oppenheimer & Co. Inc. purchased a new position in First Trust India NIFTY 50 Equal Weight ETF (NASDAQ:NFTY) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 14,190 shares of the company’s stock, valued at approximately $920,000. Oppenheimer & Co. Inc. owned about 0.30% of First Trust India NIFTY 50 Equal Weight ETF as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Clarus Wealth Advisors lifted its holdings in shares of First Trust India NIFTY 50 Equal Weight ETF by 3.1% in the 2nd quarter. Clarus Wealth Advisors now owns 6,517 shares of the company’s stock worth $399,000 after acquiring an additional 196 shares during the last quarter. Purus Wealth Management LLC lifted its stake in First Trust India NIFTY 50 Equal Weight ETF by 0.8% in the second quarter. Purus Wealth Management LLC now owns 34,011 shares of the company’s stock worth $2,050,000 after purchasing an additional 266 shares during the last quarter. Cornerstone Wealth Management LLC boosted its position in shares of First Trust India NIFTY 50 Equal Weight ETF by 5.7% during the third quarter. Cornerstone Wealth Management LLC now owns 5,048 shares of the company’s stock valued at $327,000 after buying an additional 270 shares during the period. Trilogy Capital Inc. grew its stake in shares of First Trust India NIFTY 50 Equal Weight ETF by 10.4% during the third quarter. Trilogy Capital Inc. now owns 6,197 shares of the company’s stock valued at $402,000 after buying an additional 583 shares during the last quarter. Finally, CNB Bank purchased a new stake in shares of First Trust India NIFTY 50 Equal Weight ETF in the third quarter worth approximately $42,000.

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

NFTY opened at $58.16 on Wednesday. The business has a fifty day moving average of $61.94 and a 200 day moving average of $60.90. The stock has a market cap of $273.35 million, a P/E 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.

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.