Beck Capital Management LLC Acquires 694 Shares of First Trust India NIFTY 50 Equal Weight ETF (NASDAQ:NFTY)

Beck Capital Management LLC raised its holdings in First Trust India NIFTY 50 Equal Weight ETF (NASDAQ:NFTY) by 2.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 34,089 shares of the company’s stock after acquiring an additional 694 shares during the period. Beck Capital Management LLC’s holdings in First Trust India NIFTY 50 Equal Weight ETF were worth $2,210,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of the business. CNB Bank bought a new position in shares of First Trust India NIFTY 50 Equal Weight ETF during the 3rd quarter valued at about $42,000. International Assets Investment Management LLC acquired a new stake in First Trust India NIFTY 50 Equal Weight ETF during the 2nd quarter worth approximately $135,000. Wealth Enhancement Advisory Services LLC bought a new position in First Trust India NIFTY 50 Equal Weight ETF in the third quarter valued at approximately $205,000. NBC Securities Inc. boosted its holdings in shares of First Trust India NIFTY 50 Equal Weight ETF by 36.6% in the third quarter. NBC Securities Inc. now owns 3,790 shares of the company’s stock valued at $245,000 after buying an additional 1,016 shares during the period. Finally, Gentry Private Wealth LLC bought a new stake in shares of First Trust India NIFTY 50 Equal Weight ETF during the third quarter worth $257,000.

First Trust India NIFTY 50 Equal Weight ETF Trading Down 0.5 %

NFTY opened at $58.82 on Monday. The stock has a market capitalization of $276.45 million, a P/E ratio of 24.18 and a beta of 0.72. First Trust India NIFTY 50 Equal Weight ETF has a 12 month low of $50.55 and a 12 month high of $65.90. The firm’s fifty day simple moving average is $61.13 and its 200 day simple moving average is $61.00.

First Trust India NIFTY 50 Equal Weight ETF 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.