Wealth Enhancement Advisory Services LLC Makes New $205,000 Investment in First Trust India NIFTY 50 Equal Weight ETF (NASDAQ:NFTY)

Wealth Enhancement Advisory Services LLC purchased a new stake in First Trust India NIFTY 50 Equal Weight ETF (NASDAQ:NFTY) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 3,163 shares of the company’s stock, valued at approximately $205,000. Wealth Enhancement Advisory Services LLC owned approximately 0.07% of First Trust India NIFTY 50 Equal Weight ETF as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of the business. Clarus Wealth Advisors lifted its holdings in First Trust India NIFTY 50 Equal Weight ETF by 3.1% during the second quarter. Clarus Wealth Advisors now owns 6,517 shares of the company’s stock worth $399,000 after buying an additional 196 shares during the period. Purus Wealth Management LLC raised its position in shares of First Trust India NIFTY 50 Equal Weight ETF by 0.8% in the 2nd quarter. Purus Wealth Management LLC now owns 34,011 shares of the company’s stock worth $2,050,000 after acquiring an additional 266 shares in the last quarter. Cornerstone Wealth Management LLC lifted its stake in shares of First Trust India NIFTY 50 Equal Weight ETF by 5.7% during the 3rd quarter. Cornerstone Wealth Management LLC now owns 5,048 shares of the company’s stock worth $327,000 after purchasing an additional 270 shares during the last quarter. Envestnet Portfolio Solutions Inc. boosted its position in First Trust India NIFTY 50 Equal Weight ETF by 5.5% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 9,613 shares of the company’s stock valued at $548,000 after purchasing an additional 504 shares in the last quarter. Finally, Trilogy Capital Inc. grew its stake in First Trust India NIFTY 50 Equal Weight ETF by 10.4% in the third quarter. Trilogy Capital Inc. now owns 6,197 shares of the company’s stock valued at $402,000 after purchasing an additional 583 shares during the last quarter.

First Trust India NIFTY 50 Equal Weight ETF Stock Performance

Shares of First Trust India NIFTY 50 Equal Weight ETF stock opened at $58.44 on Wednesday. The company has a market capitalization of $274.67 million, a PE ratio of 24.18 and a beta of 0.72. The company has a 50-day simple moving average of $62.50 and a two-hundred day simple moving average of $60.86. First Trust India NIFTY 50 Equal Weight ETF has a one year low of $48.47 and a one year high of $65.90.

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.