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

Private Client Services LLC cut its stake in shares of First Trust India NIFTY 50 Equal Weight ETF (NASDAQ:NFTY) by 25.1% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 12,848 shares of the company’s stock after selling 4,304 shares during the period. Private Client Services LLC owned approximately 0.26% of First Trust India NIFTY 50 Equal Weight ETF worth $719,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Commonwealth Equity Services LLC lifted its position in shares of First Trust India NIFTY 50 Equal Weight ETF by 27.1% during the second quarter. Commonwealth Equity Services LLC now owns 17,543 shares of the company’s stock worth $1,058,000 after purchasing an additional 3,736 shares in the last quarter. Moors & Cabot Inc. acquired a new position in First Trust India NIFTY 50 Equal Weight ETF in the 2nd quarter worth $508,000. Purus Wealth Management LLC boosted its position in 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 valued at $2,050,000 after buying an additional 266 shares during the last quarter. Beck Capital Management LLC acquired a new stake in shares of First Trust India NIFTY 50 Equal Weight ETF during the second quarter valued at about $2,013,000. Finally, Regal Investment Advisors LLC increased its position 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 acquiring an additional 4,554 shares during the last quarter.

First Trust India NIFTY 50 Equal Weight ETF Price Performance

NFTY traded down $0.30 on Wednesday, reaching $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 business’s 50 day moving average is $58.29 and its 200 day moving average is $60.82. The stock has a market cap of $269.27 million, a price-to-earnings ratio of 24.18 and a beta of 0.72.

First Trust India NIFTY 50 Equal Weight ETF Dividend Announcement

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

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.