Integrated Wealth Concepts LLC Has $704,000 Stock Holdings in First Trust India NIFTY 50 Equal Weight ETF $NFTY

Integrated Wealth Concepts LLC cut its position in shares of First Trust India NIFTY 50 Equal Weight ETF (NASDAQ:NFTY) by 69.7% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 12,624 shares of the company’s stock after selling 29,017 shares during the quarter. Integrated Wealth Concepts LLC owned 0.32% of First Trust India NIFTY 50 Equal Weight ETF worth $704,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in NFTY. Kestra Advisory Services LLC grew its holdings in shares of First Trust India NIFTY 50 Equal Weight ETF by 7.5% during the 1st quarter. Kestra Advisory Services LLC now owns 186,143 shares of the company’s stock worth $10,379,000 after purchasing an additional 12,911 shares in the last quarter. HighTower Advisors LLC grew its holdings in shares of First Trust India NIFTY 50 Equal Weight ETF by 50.1% during the 1st quarter. HighTower Advisors LLC now owns 12,201 shares of the company’s stock worth $680,000 after purchasing an additional 4,074 shares in the last quarter. Geneos Wealth Management Inc. boosted its stake in First Trust India NIFTY 50 Equal Weight ETF by 90.9% during the first quarter. Geneos Wealth Management Inc. now owns 73,896 shares of the company’s stock worth $4,120,000 after buying an additional 35,189 shares in the last quarter. Cetera Investment Advisers boosted its stake in First Trust India NIFTY 50 Equal Weight ETF by 4.9% during the first quarter. Cetera Investment Advisers now owns 81,327 shares of the company’s stock worth $4,535,000 after buying an additional 3,813 shares in the last quarter. Finally, Hazlett Burt & Watson Inc. boosted its stake in First Trust India NIFTY 50 Equal Weight ETF by 232.0% during the first quarter. Hazlett Burt & Watson Inc. now owns 664 shares of the company’s stock worth $37,000 after buying an additional 464 shares in the last quarter.

First Trust India NIFTY 50 Equal Weight ETF Price Performance

NFTY opened at $58.11 on Friday. 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. The firm’s fifty day moving average price is $57.97 and its two-hundred day moving average price is $57.17. The company has a market capitalization of $206.29 million, a P/E ratio of 24.33 and a beta of 0.72.

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.