HighTower Advisors LLC Has $455,000 Stock Position in First Trust India NIFTY 50 Equal Weight ETF (NASDAQ:NFTY)

HighTower Advisors LLC decreased its position in First Trust India NIFTY 50 Equal Weight ETF (NASDAQ:NFTY) by 7.3% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 8,127 shares of the company’s stock after selling 642 shares during the period. HighTower Advisors LLC owned about 0.17% of First Trust India NIFTY 50 Equal Weight ETF worth $455,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of the business. Stifel Financial Corp grew its stake in First Trust India NIFTY 50 Equal Weight ETF by 7.7% during the 3rd quarter. Stifel Financial Corp now owns 15,488 shares of the company’s stock valued at $1,004,000 after acquiring an additional 1,110 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of First Trust India NIFTY 50 Equal Weight ETF in the fourth quarter worth about $9,339,000. Moors & Cabot Inc. raised its stake in shares of First Trust India NIFTY 50 Equal Weight ETF by 7.0% in the 4th quarter. Moors & Cabot Inc. now owns 11,584 shares of the company’s stock valued at $649,000 after acquiring an additional 756 shares in the last quarter. PNC Financial Services Group Inc. bought a new stake in shares of First Trust India NIFTY 50 Equal Weight ETF during the 4th quarter worth $153,000. Finally, MML Investors Services LLC grew its stake in First Trust India NIFTY 50 Equal Weight ETF by 7.0% in the 3rd quarter. MML Investors Services LLC now owns 20,420 shares of the company’s stock valued at $1,324,000 after buying an additional 1,343 shares during the last quarter.

First Trust India NIFTY 50 Equal Weight ETF Price Performance

First Trust India NIFTY 50 Equal Weight ETF stock opened at $55.46 on Monday. The firm has a fifty day moving average price of $54.20 and a two-hundred day moving average price of $57.80. The firm has a market cap of $263.44 million, a price-to-earnings ratio of 23.73 and a beta of 0.72. First Trust India NIFTY 50 Equal Weight ETF has a fifty-two week low of $51.57 and a fifty-two week high of $65.90.

About First Trust India NIFTY 50 Equal Weight ETF

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.