Atria Wealth Solutions Inc. Raises Stock Position in First Trust India NIFTY 50 Equal Weight ETF (NASDAQ:NFTY)

Atria Wealth Solutions Inc. grew its holdings in First Trust India NIFTY 50 Equal Weight ETF (NASDAQ:NFTY) by 28.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,070 shares of the company’s stock after acquiring an additional 2,032 shares during the period. Atria Wealth Solutions Inc. owned about 0.38% of First Trust India NIFTY 50 Equal Weight ETF worth $490,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the business. NBC Securities Inc. purchased a new stake in First Trust India NIFTY 50 Equal Weight ETF during the third quarter valued at approximately $95,000. Private Trust Co. NA bought a new stake in First Trust India NIFTY 50 Equal Weight ETF during the 4th quarter valued at $208,000. Synovus Financial Corp purchased a new stake in shares of First Trust India NIFTY 50 Equal Weight ETF in the 3rd quarter worth $223,000. Private Client Services LLC bought a new position in shares of First Trust India NIFTY 50 Equal Weight ETF during the 4th quarter worth $286,000. Finally, Envestnet Portfolio Solutions Inc. bought a new position in shares of First Trust India NIFTY 50 Equal Weight ETF during the 3rd quarter worth $325,000.

First Trust India NIFTY 50 Equal Weight ETF Price Performance

Shares of First Trust India NIFTY 50 Equal Weight ETF stock opened at $57.45 on Monday. The stock has a market cap of $212.57 million, a price-to-earnings ratio of 24.25 and a beta of 0.72. The firm’s 50-day moving average is $56.79 and its two-hundred day moving average is $54.01. First Trust India NIFTY 50 Equal Weight ETF has a 1 year low of $43.69 and a 1 year high of $58.25.

First Trust India NIFTY 50 Equal Weight ETF Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 22nd were issued a $0.0785 dividend. The ex-dividend date was Thursday, March 21st. This represents a $0.31 dividend on an annualized basis and a yield of 0.55%.

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.