Geneos Wealth Management Inc. Boosts Holdings in First Trust India NIFTY 50 Equal Weight ETF (NASDAQ:NFTY)

Geneos Wealth Management Inc. raised its stake in First Trust India NIFTY 50 Equal Weight ETF (NASDAQ:NFTY) by 0.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 38,707 shares of the company’s stock after acquiring an additional 264 shares during the quarter. Geneos Wealth Management Inc.’s holdings in First Trust India NIFTY 50 Equal Weight ETF were worth $2,167,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. CNB Bank purchased a new position in First Trust India NIFTY 50 Equal Weight ETF in the third quarter valued at approximately $42,000. Wealth Enhancement Advisory Services LLC bought a new stake in shares of First Trust India NIFTY 50 Equal Weight ETF in the third quarter valued at $205,000. NBC Securities Inc. lifted its position in shares of First Trust India NIFTY 50 Equal Weight ETF by 36.6% during the 3rd 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 last quarter. Synovus Financial Corp grew its stake in shares of First Trust India NIFTY 50 Equal Weight ETF by 12.5% during the 3rd quarter. Synovus Financial Corp now owns 3,848 shares of the company’s stock worth $250,000 after acquiring an additional 427 shares during the period. Finally, Gentry Private Wealth LLC purchased a new stake in First Trust India NIFTY 50 Equal Weight ETF in the 3rd quarter worth about $257,000.

First Trust India NIFTY 50 Equal Weight ETF Stock Down 0.7 %

NASDAQ NFTY opened at $54.92 on Monday. The company has a market cap of $260.87 million, a PE ratio of 24.18 and a beta of 0.72. First Trust India NIFTY 50 Equal Weight ETF has a 52 week low of $53.90 and a 52 week high of $65.90. The firm’s 50-day simple moving average is $57.08 and its two-hundred day simple moving average is $60.31.

First Trust India NIFTY 50 Equal Weight ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were paid a $0.7608 dividend. The ex-dividend date of this dividend was Friday, December 13th.

First Trust India NIFTY 50 Equal Weight ETF Company 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.