First Trust India NIFTY 50 Equal Weight ETF (NASDAQ:NFTY) Shares Sold by Benjamin F. Edwards & Company Inc.

Benjamin F. Edwards & Company Inc. lowered its stake in shares of First Trust India NIFTY 50 Equal Weight ETF (NASDAQ:NFTY) by 13.0% in the fourth quarter, HoldingsChannel reports. The fund owned 41,624 shares of the company’s stock after selling 6,239 shares during the quarter. Benjamin F. Edwards & Company Inc.’s holdings in First Trust India NIFTY 50 Equal Weight ETF were worth $2,250,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Commonwealth Equity Services LLC grew its holdings in shares of First Trust India NIFTY 50 Equal Weight ETF by 5.3% during the 3rd quarter. Commonwealth Equity Services LLC now owns 11,103 shares of the company’s stock worth $540,000 after purchasing an additional 562 shares during the period. Raymond James & Associates grew its stake in First Trust India NIFTY 50 Equal Weight ETF by 2.3% in the third quarter. Raymond James & Associates now owns 26,637 shares of the company’s stock worth $1,296,000 after purchasing an additional 592 shares in the last quarter. Crumly & Associates Inc. raised its stake in First Trust India NIFTY 50 Equal Weight ETF by 0.4% during the third quarter. Crumly & Associates Inc. now owns 188,746 shares of the company’s stock valued at $9,181,000 after buying an additional 714 shares in the last quarter. NBC Securities Inc. acquired a new position in shares of First Trust India NIFTY 50 Equal Weight ETF in the 3rd quarter worth approximately $95,000. Finally, Atria Wealth Solutions Inc. increased its stake in First Trust India NIFTY 50 Equal Weight ETF by 28.9% during the fourth quarter. Atria Wealth Solutions Inc. now owns 9,070 shares of the company’s stock valued at $490,000 after purchasing an additional 2,032 shares during the last quarter.

First Trust India NIFTY 50 Equal Weight ETF Trading Down 0.3 %

NASDAQ:NFTY opened at $57.45 on Friday. The firm has a market capitalization of $212.57 million, a PE ratio of 24.25 and a beta of 0.72. First Trust India NIFTY 50 Equal Weight ETF has a 52 week low of $43.69 and a 52 week high of $58.25. The stock has a 50 day moving average of $56.79 and a 200-day moving average of $53.94.

First Trust India NIFTY 50 Equal Weight ETF Announces Dividend

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

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.