First Trust India NIFTY 50 Equal Weight ETF (NASDAQ:NFTY) Shares Sold by Private Client Services LLC

Private Client Services LLC trimmed its position in First Trust India NIFTY 50 Equal Weight ETF (NASDAQ:NFTY) by 25.1% in the fourth quarter, Holdings Channel reports. The firm owned 12,848 shares of the company’s stock after selling 4,304 shares during the quarter. Private Client Services LLC’s holdings in First Trust India NIFTY 50 Equal Weight ETF were worth $719,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of NFTY. Commonwealth Equity Services LLC grew its position in shares of First Trust India NIFTY 50 Equal Weight ETF by 27.1% in the 2nd quarter. Commonwealth Equity Services LLC now owns 17,543 shares of the company’s stock worth $1,058,000 after acquiring an additional 3,736 shares in the last quarter. Moors & Cabot Inc. bought a new position in First Trust India NIFTY 50 Equal Weight ETF during the second quarter worth $508,000. Purus Wealth Management LLC boosted its holdings 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 period. Beck Capital Management LLC bought a new stake in First Trust India NIFTY 50 Equal Weight ETF during the second quarter valued at $2,013,000. Finally, Regal Investment Advisors LLC raised its holdings in shares of First Trust India NIFTY 50 Equal Weight ETF by 4.1% during the second quarter. Regal Investment Advisors LLC now owns 114,346 shares of the company’s stock worth $6,893,000 after purchasing an additional 4,554 shares during the period.

First Trust India NIFTY 50 Equal Weight ETF Stock Performance

Shares of NASDAQ NFTY traded down $0.30 during midday trading on Wednesday, hitting $55.52. The company’s stock had a trading volume of 21,914 shares, compared to its average volume of 30,335. First Trust India NIFTY 50 Equal Weight ETF has a 1-year low of $53.37 and a 1-year high of $65.90. The firm’s fifty day moving average price is $58.29 and its 200-day moving average price is $60.82. The firm has a market cap of $269.27 million, a P/E ratio of 24.18 and a beta of 0.72.

First Trust India NIFTY 50 Equal Weight ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were paid a $0.7608 dividend. The ex-dividend date was Friday, December 13th.

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.